Tax

diane lucas
Tax

Bookkeepers urged to fill taxable payments reporting knowledge gap

Bookkeepers have been advised to start educating clients on the extension of the taxable payments reporting system to...
19 July 2018 • By Jotham Lian

more from tax

ato  tax agents  individual tax gaps
Tax

Tax agents called on to correct investors, salary earners' slip-ups

In a bid to reduce the $8.7 billion individuals tax gap, the tax office is calling on tax agents to watch for key...
18 July 2018 • By Jotham Lian
mark pizzacalla  bdo australia
Tax

Accountants told to speak up as tax pain points up for review

The Board of Taxation has released details of its roundtable meetings for its small business tax concessions review,...
18 July 2018 • By Jotham Lian
ato  fringe benefits tax
Tax

ATO’s tougher stance on work vehicles ‘need attention’

The ATO’s recently revised guidance on fringe benefits tax (FBT) will require clients to be more careful with their...
17 July 2018 • By Katarina Taurian
robert deutsch  tax institute senior tax counsel professor
Tax

Real-time ATO, tax agent interaction tipped to escalate

Real-time interaction between tax agents and the ATO will likely escalate in the coming years, as the regulator seeks...
17 July 2018 • By Jotham Lian
kelly o dwyer  ato  asic  fairwork obudsman  illegal phoenix activity  federal government
Tax

$5b phoenix bill tipped to drive more tax monitoring, compliance action

The federal government has commissioned major reports and new resources to plug a $5 billion hole created by illegal...
17 July 2018 • By Jotham Lian
lielette calleja
Tax

$472k in recoveries shines light on alternative reporting systems

The Fair Work Ombudsman's compliance action in the hospitality industry has triggered some in the industry to consider...
16 July 2018 • By Jotham Lian
chris hooper
Tax

‘Fundamental mistakes’ spied in cryptocurrency regulation

The tax office’s approach to regulating cryptocurrencies, including recognising a capital gain event, contains...
16 July 2018 • By Jotham Lian