Tax

Tax

Holes in guidance open to tax manipulation

Some manipulation with tax outcomes could appear due to a lack of guidance around how distributions from managed...

18 September 2018 • By Miranda Brownlee

more from tax

Tax

Parliamentary report calls for ‘push return’ tax system

A parliamentary inquiry has recommended that the tax office work towards a transition to a “push return” tax system,...

18 September 2018 • By Jotham Lian

Tax

Inquiry calls for standard deductions, tax agent compensation

Standard deductions for work-related expenses and a compensation arrangement for tax agents for poor delivery outcomes...

17 September 2018 • By Jotham Lian

Tax

ATO breaks down error count in latest lodgements

Around six in 10 tax returns that contained errors in the first two months of tax time 2018 were tax agent-prepared...

14 September 2018 • By Jotham Lian

Tax

8,000 agents marked in upcoming ATO program

Over 8,000 tax agents will be visited over the next four years as the ATO looks to ramp up its educational campaign to...

13 September 2018 • By Jotham Lian

Tax

Senate passes $20,000 instant asset write-off extension

Despite months of delays, the Senate has today passed legislation to extend the $20,000 instant asset write-off to 30...

12 September 2018 • By Jotham Lian

Tax

ATO to up work-from-home focus this tax time

The Tax Office has earmarked home office expenses as a key focus area this tax time, citing a lack of education...

12 September 2018 • By Jotham Lian

Tax

New Deloitte acquisition marks focus on automation for tax

Deloitte has announced the acquisition of a tax software specialist as it looks to prepare its tax business for...

12 September 2018 • By Jotham Lian