Tax

Tax

Rationale for shutting Everett assignments under question

A mid-tier has queried the government’s decision to disallow small business CGT concessions to those who undertake...

18 May 2018 • By Adrian Flores

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Tax

TPB highlights confidentiality concerns with Tax Office review

Tax practitioners looking to provide information about client experiences with the ATO in light of the investigation...

17 May 2018 • By Jotham Lian and Adam Zuchetti

Tax

Cryptocurrency audits tipped to increase this EOFY

Audit activities around cryptocurrency are set to spike this tax time as part of the ATO’s broader risk analysis in...

16 May 2018 • By Jotham Lian

Tax

CA ANZ flags Division 7A transition headache

The government’s announcement that unpaid present entitlements will now fall within the scope of Division 7A has...

15 May 2018 • By Jotham Lian

Tax

ATO clamps down on circular trust distributions

Family trusts will no longer be able to escape tax obligations by engaging in circular trust distributions, as the ATO...

14 May 2018 • By Jotham Lian

Tax

Super payables overlooked at EOFY, accounting firm warns

Forgetting to pay out superannuation payable accounts before the end of financial year could be costly for businesses...

11 May 2018 • By Adrian Flores

Tax

TPRS extension tipped to spur compliance work

In a move that has caught some in the industry by surprise, the taxable payment reporting system will now cover three...

11 May 2018 • By Jotham Lian

Tax

Directors liable for GST in phoenix reforms

The government’s hard-line stance on illegal phoenixing activity has gone up a notch with culpable directors to face...

10 May 2018 • By Jotham Lian