Tax

Tax

ATO releases new guidelines on tax uncertainty for corporate clients

No penalties will apply if a company issues an incorrect distribution statement on franking credits during the interim...

26 July 2018 • By Jotham Lian

more from tax

Tax

Avoid another myGov fiasco: Govt urged to listen to accountants on ABN reform

Professional associations are calling for the government to tap into the large pool of accounting professionals to aid...

24 July 2018 • By Jotham Lian

Tax

Property tax changes catching clients out this tax time

So far this tax time, clients in droves are surprised to find out about changes to deductions of travel expenses, and...

24 July 2018 • By Jotham Lian

Tax

New FBT ruling falls short for modern practice

New draft ruling by the ATO attempts to clarify the definition of religious practitioners in relation to fringe...

23 July 2018 • By Jotham Lian

Tax

Income tax focus ‘coming back to haunt us’, govt report shows

The Parliamentary Budget Office’s (PBO’s) report on the sustainability of Commonwealth taxes shows the country’s focus...

23 July 2018 • By Jotham Lian

Tax

Govt looks at renewal fees for ABNs

The federal government’s plans to reform the ABN system could include fees for periodic renewals and more “active...

20 July 2018 • By Katarina Taurian

Tax

Tax agent conduct findings released for first half of 2018

The Tax Practitioners Board rejected just four registration renewal applications by tax practitioners in the first...

20 July 2018 • By Jotham Lian

Tax

Bookkeepers urged to fill taxable payments reporting knowledge gap

Bookkeepers have been advised to start educating clients on the extension of the taxable payments reporting system to...

19 July 2018 • By Jotham Lian