Tax

Tax

Auditors set for name and shame for poor audit quality

Company auditors who are under investigation for poor audit quality should be named, while ASIC should publish the...

08 April 2019 • By Jotham Lian

more from tax

Tax

Franking credits, CGT changes set to fund massive Medicare boost

Labor’s proposal to end cash refunds for excess franking credits, curb negative gearing and halve the current capital...

05 April 2019 • By Jotham Lian

Tax

‘Fulsome survey of facts and evidence’ required: ATO speaks on correspondence...

The ATO has moved to remove “unclear language” in its template letters following a high-profile federal court case but...

05 April 2019 • By Jotham Lian

Tax

ATO issues warning after ‘unprecedented’ spike in impersonation scams

Over $1 million in losses and more than 40,000 impersonation scams has raised alarm bells at the tax office, with...

05 April 2019 • By Reporter

Tax

ATO knocks back key recommendation on ‘fragile’ tax practitioner relationship

The ATO has knocked back suggestions from the Inspector-General of Taxation that concerns it has raised with the tax...

04 April 2019 • By Jotham Lian

Tax

Big bill for business clients, accountants passes both houses

Federal budget changes to the instant asset write-off have been passed by both houses of parliament, effectively...

04 April 2019 • By Jotham Lian

Tax

The ‘never never’ flatter tax rates could incentivise work

The Morrison government’s plan to flatten the tax brackets would incentivise people to work for a higher pay and...

04 April 2019 • By Jotham Lian

Tax

$800k put to upping audit quality amid ‘serious concerns’ from industry

The Morrison government plans to devote $800,000 to improving audit quality in Australia amid concerns from the...

02 April 2019 • By Jotham Lian