Tax

Tax

R&D audits increase, documentation key for accountants

Taxpayers seeking to utilise the R&D tax incentive has been urged to have contemporaneous documentation in light of...

12 October 2018 • By Jotham Lian

more from tax

Tax

‘Failed reform’: Academic pushes for urgent tax action

An academic has called for professionals to drive greater awareness around tax issues in a bid to drive genuine tax...

11 October 2018 • By Jotham Lian

Tax

ATO issues reminder on ABNs to avoid ‘unnecessary’ door knocks

Accountants have been urged to help keep their clients’ ABN details up to date to “reduce unnecessary contact” from...

11 October 2018 • By Jotham Lian

Tax

$1m in GST fraud lands director in jail

A Victorian director has been sentenced to four years and two months in jail for more than $1 million in fraudulent...

10 October 2018 • By Jotham Lian

Tax

Consider incentives to ditch paper lodgments, report says

The government should consider incentives to move the lodgment of business activity statements through digital...

10 October 2018 • By Jotham Lian

Tax

Red flag goes up for first home super saver scheme strategy

Advisers have been cautioned against peddling a strategy within the First Home Super Saver Scheme, with the ATO...

10 October 2018 • By Jotham Lian

Tax

Technicalities flagged as new TPRS guidelines released

The extension of the taxable payments reporting system (TPRS) to the cleaning and courier industries will require...

08 October 2018 • By Jotham Lian

Tax

Further tax audits in the works, says director

Accountants have been urged to spread awareness of a potential increase in ATO audits as more databases continue to be...

05 October 2018 • By Jotham Lian