Tax

Tax

ATO to contact clients over bank details

The Tax Office will be sending SMS text messages to clients who provided incorrect bank account details in their tax...

26 October 2018 • By Jotham Lian

more from tax

Tax

Tax and accounting alignment neither ‘feasible not desirable’, says tax board

The Board of Taxation has conceded that a broad-level alignment between the accounting and tax system within...

25 October 2018 • By Jotham Lian

Tax

Details on Division 7A changes released, welcomed

Long awaited details of amendments to Division 7A has finally been released by Treasury, as the government looks to...

24 October 2018 • By Jotham Lian

Tax

New measure set to target withholding obligations

New laws aimed at removing deductions for entities who fail to comply with their withholding obligations are set to...

24 October 2018 • By Jotham Lian

Tax

IGT clears ATO of fraud but recommends changes

The Inspector-General of Taxation has cleared the ATO of any systemic internal fraud or corruption, with several...

23 October 2018 • By Jotham Lian

Tax

‘More to learn’: ATO on payroll compliance fears

The ATO has committed to learn more about payroll process before using the incoming single touch payroll regime for...

22 October 2018 • By Jotham Lian

Tax

ATO court case leaves taxpayers in ‘awkward spot’

A recent federal court decision and subsequent refusal by the High Court to grant special leave to appeal leaves...

22 October 2018 • By Jotham Lian

Tax

‘No need to buy payroll software’: ATO fronts STP confusion

The Tax Office has confirmed that micro businesses will not be required to purchase payroll software to be compliant...

19 October 2018 • By Jotham Lian