Tax

john shepherd  ato
Tax

‘No need to buy payroll software’: ATO fronts STP confusion

The Tax Office has confirmed that micro businesses will not be required to purchase payroll software to be compliant...
19 October 2018 • By Jotham Lian

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disclosure framework
Tax

AASB called to stick with current disclosure framework

The Australian Accounting Standards Board has been urged to not “reinvent the wheel” and rely on the current reduced...
18 October 2018 • By Jotham Lian
parliament house
Tax

Contentious residency, CGT debate booted from Senate line-up

The Senate has held off from debating the legislation proposing to deny foreign residents access to capital gain tax...
17 October 2018 • By Jotham Lian
calendar and pen
Tax

Less than 2 months before residency rules hit

Corporate taxpayers have been urged to review the management of their foreign operations ahead of the December...
16 October 2018 • By Jotham Lian
family trusts
Tax

Legislation targeting family trusts released

The government has released draft legislation to tighten a tax loophole where family trusts could have been involved...
16 October 2018 • By Jotham Lian
tax folders and documents
Tax

‘Wide range’ of businesses clients captured by new TPRS regime

Accountants and their business clients have been urged to review their contractual terms to ensure they are across the...
16 October 2018 • By Jotham Lian
calculator and red pencil
Tax

Fast-tracked tax cuts could catch taxpayers out

The government’s decision to fast track tax cuts for small and medium-sized businesses could throw up some significant...
16 October 2018 • By Jotham Lian
igt ali noroozi
Tax

IGT calls for power balance at ATO

The outgoing Inspector-General of Taxation has called for the establishment of a management board to oversee the ATO...
15 October 2018 • By Jotham Lian