Tax

Tax

High-wealth threshold bumped up as tax taskforce receives additional funding

Wealthy clients who now control net wealth of $50 million or more will be classified by the ATO as high-wealth...

12 April 2019 • By Jotham Lian

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Tax

Tax agent claims family pet as guard dog, gets booted by TPB

The Tax Practitioners Board has terminated two tax agent registrations after a joint investigation with the ATO found...

11 April 2019 • By Jotham Lian

Tax

New tax ruling on ‘carrying on a business’ released

Tax practitioners now have greater certainty over determining whether a company carries on a business for the 2015-16...

10 April 2019 • By Jotham Lian

Tax

Over 1 in 4 property investors risking deductions by ‘living in’

New research shows more client investors are living in and renovating their property before renting it out,...

10 April 2019 • By Jotham Lian

Tax

ATO sheds light on new SG education course

New details around the new superannuation guarantee obligations course have been released, with employers set to face...

10 April 2019 • By Jotham Lian

Tax

New instant asset write-off could favour medium businesses more

Medium businesses may stand to benefit more from the new expanded instant asset write-off than their smaller...

09 April 2019 • By Jotham Lian

Tax

FBT red flags marked by ATO for 2019 lodgement

The ATO has listed six items relating to fringe benefits tax that will attract its attention this year, with tax...

09 April 2019 • By Reporter

Tax

20 days for Aussie clients to file NZ version of STP

Australian employers with New Zealand-based employees will have 20 days to file payday information to New Zealand’s...

09 April 2019 • By Jotham Lian and Adam Zuchetti