Tax

Tax

Income tax plan likely to pass, but some of the tax talk ‘just not right’

With the Senate agreeing to pass the first two stages of the government’s income tax cut plan, the Tax Institute has...

21 June 2018 • By Jotham Lian

more from tax

Tax

ATO to visit 2,000 tax agents to capture early-stage problems

The ATO is set to visit over 2,000 tax agents a year in a bid to spot pressured agents who are on the cusp of becoming...

19 June 2018 • By Jotham Lian

Tax

Watch out for charges with incoming GST laws, accountants told

Accountants have been advised to pay close attention to the commencement of GST on low value imported goods that could...

18 June 2018 • By Jotham Lian

Tax

New ATO feature sees accountants trump planners

Accountants will have more visibility over their clients’ superannuation affairs, in a new feature set to go live in...

18 June 2018 • By Katarina Taurian

Tax

Tax Office reveals adventurous, dubious claims ahead of tax time

The ATO has released several case studies of adventurous and misguided expenses claims from taxpayers, but some fear...

18 June 2018 • By Jotham Lian

Tax

Popular deduction in ATO’s firing line after 20% spike

Work-related clothing and laundry claims are on notice this tax time as part of the ATO’s broader push to quash...

15 June 2018 • By Jotham Lian

Tax

Public accountants urged to embrace SG amnesty

Accountants should take advantage of the government’s superannuation guarantee (SG) amnesty that will allow their...

15 June 2018 • By Adrian Flores

Tax

ATO hits back at ‘costly’ calls to police its disputes, litigation process

The tax office has questioned the need for a bill to enforce tougher litigation obligations, while refuting claims...

14 June 2018 • By Jotham Lian