Tax

Tax

Clients brushing over ‘triple threat’ new accounting standards

Around six out of 10 Australian businesses have yet to reach out to their accounting advisors to understand the...

30 May 2018 • By Jotham Lian

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Tax

Mid-tier notes company tax cut complexity

Accountants could have five different tax rates to plan around for small businesses if all of the government's...

28 May 2018 • By Adrian Flores

Tax

Trust distributions in ATO’s sights, warns lawyer

Practitioners have been urged to tread carefully when advising on reimbursement agreements in trusts, with the ATO...

28 May 2018 • By Jotham Lian

Tax

Government intensifies cash payments crackdown

The government has started its consultation process on plans to introduce an economy-wide cash payment limit of...

28 May 2018 • By Adrian Flores

Tax

‘A crushing of opinions’: Industry mulls changes to financial reporting

Incoming changes to the financial reporting landscape have spurred vigorous debate around the cost-benefit of imposing...

26 May 2018 • By Jotham Lian

Tax

ATO flags consultative effort on tax alerts

The Australian Taxation Office concedes it “hasn’t been quick enough” in the past in bringing out taxpayer alerts and...

25 May 2018 • By Adrian Flores

Tax

Tax Office urges caution with voluntary disclosures

The ATO has urged tax practitioners to advise their clients to come clean with voluntary disclosures on main issues...

25 May 2018 • By Jotham Lian

Tax

Commissioner urged to fix Div 6 anomaly

The Commissioner of Taxation has been urged to use his remedial powers to address an anomaly in Division 6 to clarify...

25 May 2018 • By Jotham Lian