Tax

Tax

New PAYG laws to place focus on on-time BAS lodgment

New laws denying a tax deduction to businesses who fail to comply with withholding obligations will place a focus on...

11 March 2019 • By Jotham Lian

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Tax

Tax agents and clients disagree over business practices: FBT review

A majority of tax agents believe that their clients’ business practices lead to higher FBT compliance costs, despite...

08 March 2019 • By Jotham Lian

Tax

ATO waives Part 7 penalty amid SG amnesty hold up

The ATO have confirmed it will waive the Part 7 penalties for clients who voluntarily disclose historical underpayment...

07 March 2019 • By Jotham Lian

Tax

Fraudulent TFNs, tax lodgments see jail sentence for student

An Indian national has been sentenced to over two years in jail for his involvement in a tax fraud that involved...

07 March 2019 • By Jotham Lian

Tax

ATO grants 1-year STP exemption for closely held payees

Closely held payees will be will be given a one-year exemption from single touch payroll reporting as the ATO works on...

06 March 2019 • By Jotham Lian

Tax

Time dwindles for CGT main residence changes

The government has been urged to reconsider changes to the CGT main residence exemption, with the impending 30 June...

05 March 2019 • By Jotham Lian

Tax

Detailed STP register published, only 6 products ready to go

The ATO has released a detailed register of single touch payroll products for micro-businesses, with several low and...

05 March 2019 • By Jotham Lian

Tax

Repeal 115 taxes, broaden GST base, government told

The government should repeal over 100 taxes and trade off with a more efficient tax base that relies more heavily on...

04 March 2019 • By Jotham Lian