Tax

Mark David QC
Tax

Commissioner’s opinion on fraud, evasion may create ‘incontestable tax’,...

Tax advisers have raised concerns over a section of the Income Tax Assessment Act that opens the door to an indefinite...
22 March 2019 • By Jotham Lian

more from tax

Angela Leehman ATO STP
Tax

Accessorial liability a potential risk under STP regime

Accountants assisting clients with Single Touch Payroll reporting may inadvertently be caught out under Fair Work’s...
20 March 2019 • By Jotham Lian
RSM Australia
Tax

‘No guarantees’ for instant asset write-off increase as election looms

The government’s plan to increase the threshold for the instant asset write-off to $25,000 may fail to see the light...
20 March 2019 • By Jotham Lian
Tony Greco
Tax

FBT overhaul ‘not a priority’ for government

The government will be unlikely to abandon fringe benefits tax despite its high compliance cost to revenue intake...
20 March 2019 • By Jotham Lian
Michael Karavas
Tax

New quarterly STP reporting method for closely held payees revealed

The ATO has shed light on how employers will be able to report quarterly for closely held employees under the new...
19 March 2019 • By Jotham Lian
Stuart Robert
Tax

CGT main residence proposal self-implodes

Assistant Treasurer Stuart Robert has given the biggest hint that the government will not be proceeding with its...
18 March 2019 • By Jotham Lian
Stuart Robert
Tax

Div 7A approach to be ‘fair and sensible’, says Assistant Treasurer

The Assistant Treasurer has reassured tax practitioners that the government will land on a “fair and sensible”...
18 March 2019 • By Jotham Lian
CBA
Tax

CBA settles big tax case

A major bank has agreed to withdraw from contesting the eligibility of its R&D tax incentive claims before the...
18 March 2019 • By Jotham Lian