Tax

Tax

‘A quantum leap above us’: Tax experts dissect instant asset-write off

The government’s move to increase the threshold for the small business instant asset write-off has divided the tax...

31 January 2019 • By Jotham Lian

more from tax

Tax

Instant asset write-off threshold upped to $25k

The government has increased the threshold for the instant asset write-off to $25,000 as it looks to entice the small...

30 January 2019 • By Jotham Lian

Tax

High Court dismisses ATO appeal in divorce tax case

The High Court has ruled in favour of a taxpayer shifting her tax debts onto her spouse during their divorce property...

30 January 2019 • By Jotham Lian

Tax

Taxpayers to brace for new ATO engagement

The Tax Office’s change in approach to engaging with businesses will see taxpayers need to provide evidence that they...

30 January 2019 • By Jotham Lian

Tax

Tax advisers urged to get ahead of new tender policies

Tax advisers have been urged to help their clients who are looking to tender for government contracts, to get their...

29 January 2019 • By Jotham Lian

Tax

Inappropriate accounting treatments continue to plague entities

Impairment of non-financial assets and inappropriate accounting treatments continue to form the bulk of ASIC’s...

29 January 2019 • By Jotham Lian

Tax

Jail time for property developer after $3.4m in GST fraud

A luxury property developer who caused a loss of $3.4 million to the Commonwealth through GST fraud has been sentenced...

29 January 2019 • By Jotham Lian

Tax

Auditors get a bad rap in new ASIC report

One in five audits reviewed by ASIC did not receive reasonable assurance that the company’s financial report was free...

25 January 2019 • By Jotham Lian