Tax

Tax

Over $53m worth of tax time errors detected so far

More than $53 million in errors and over 112,000 tax returns have been corrected in the first two months of tax time...

10 September 2018 • By Jotham Lian

more from tax

Tax

New tax avoidance rules kick in, corporate clients on notice

With hybrid mismatch rules now in place, accountants have been urged to act quickly to determine if their corporate...

07 September 2018 • By Jotham Lian

Tax

Franking credits, outsourcing targeted as multimillion dollar tax gap published

The ATO has released its tax gap findings for superannuation, showing franking credits and outsourced data form part...

06 September 2018 • By Katarina Taurian

Tax

40,000 on board with STP but big deferrals slow take-up

Approximately 40,000 employers have implemented Single Touch Payroll reporting, despite deferrals from software...

05 September 2018 • By Katarina Taurian

Tax

ATO confirms changes to ‘bugbear’ reporting issue

The Tax Office’s STP boss has confirmed the ATO has moved to correct a reporting headache for tax and BAS agents.

05 September 2018 • By Katarina Taurian

Tax

ATO clarifies super guarantee amnesty confusion

The Tax Office has confirmed that the benefits of the proposed superannuation guarantee amnesty are not in effect,...

05 September 2018 • By Jotham Lian

Tax

ABN shake-up meets backlash from accounting, tax profession

Voices in the accounting profession are pushing back on the government’s proposal to introduce an ABN registration and...

04 September 2018 • By Jotham Lian

Tax

New minister responsible for advice, tax unveiled by Treasurer

New federal Treasurer Josh Frydenberg has announced key Treasury portfolio responsibilities, including the minister in...

04 September 2018 • By Jotham Lian