Tax

Tax

FWO ‘absolutely targeting’ accountants under accessorial liability, says lawyer

Accountants have been urged to gear up following a 92 per cent increase in chances of prosecution under the...

05 November 2018 • By Jotham Lian

more from tax

Tax

Government fixes surprise taxes with death benefits

An unintended tax consequence of the latest round of superannuation reforms, which adversely impacted death benefit...

31 October 2018 • By Katarina Taurian and Miranda Brownlee

Tax

Work-related expenses clampdown brings in $70m

The ATO’s focus on work-related expenses has recovered close to $70 million through the use of its ‘nudge’ messages...

31 October 2018 • By Jotham Lian

Tax

ATO announces focus on shares data of 5m Aussies

The ATO now holds more than 500 million records of share data, and will prioritise share transactions under its data...

30 October 2018 • By Jotham Lian

Tax

Tax agents now have additional identity, security requirements

Tax practitioners will now have to complete a proof of identity and update their security details with the Tax...

30 October 2018 • By Jotham Lian

Tax

Tax agents circled in ATO audit swoop

In an update on its ongoing investigation into auditor numbers, the ATO has revealed that 22 tax agents are involved...

29 October 2018 • By Miranda Brownlee

Tax

Treasury CGT defence panned, questions raised

Treasury’s defence of the bill proposing to deny the CGT main residence exemption for non-residents has been...

29 October 2018 • By Jotham Lian

Tax

$850m in unpaid SG recovered in FY17–18

Compliance activities undertaken by the ATO in the 2017–18 financial year saw the ATO raise around $850 million in...

26 October 2018 • By Miranda Brownlee