Tax

Tax

Government pushed for Div 7A clarity in federal budget

The government has been urged to provide clarity over the proposed amendments to Division 7A in the upcoming federal...

19 February 2019 • By Jotham Lian

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Tax

‘Creative’ tax solutions feared in franking credits fallout

Tax lawyers fear Labor’s proposal to end cash refunds for excess dividend imputation credits will likely spur the...

14 February 2019 • By Jotham Lian

Tax

STP for small biz gets 3-month buffer

The ATO will grant a buffer period of three months for small businesses to comply with the newly legislated extension...

14 February 2019 • By Jotham Lian

Tax

ATO drives home TPRS obligations after $2.7bn saved

The ATO have reminded businesses captured under the taxable payments reporting system regime to maintain their...

13 February 2019 • By Jotham Lian

Tax

Proposed R&D tax changes faces roadblocks

The Senate Economics Legislation Committee has called for the government to reconsider the proposed changes to the R&D...

13 February 2019 • By Jotham Lian

Tax

New flexible business test for tax losses introduced

Businesses will be granted a greater deal of flexibility in working out whether its tax losses and net capital losses...

13 February 2019 • By Jotham Lian

Tax

STP to cover all businesses as legislation passes

The extension of Single Touch Payroll to employers with 19 or fewer employees has finally passed both houses today,...

12 February 2019 • By Jotham Lian

Tax

Tax agent, taxpayer satisfaction with ATO drops

The tax office believes its performance as a regulator remains “good” despite showing a decline in community...

12 February 2019 • By Jotham Lian