Tax

Tax

ATO dispels top tax time myths to clients as clampdown rolls out

Ahead of one of its biggest deductions crackdowns, the tax office has released a series of common mistakes and...

31 July 2018 • By Jotham Lian

more from tax

Tax

Westpac banker used tax return threats in loan applications

A former Westpac banker has been slapped with a ban after telling customers they’d have to falsify loan documentation...

27 July 2018 • By Katarina Taurian

Tax

ATO’s trust splitting determination under scrutiny

The ATO’s recently released draft taxation determination on trust splitting giving rise to a CGT event will cause...

27 July 2018 • By Jotham Lian

Tax

ATO releases new guidelines on tax uncertainty for corporate clients

No penalties will apply if a company issues an incorrect distribution statement on franking credits during the interim...

26 July 2018 • By Jotham Lian

Tax

TPB joins chorus of ‘cowboy agents’ warnings

The Tax Practitioners Board says tax agents should push back on dodgy clients, as it expects a “special scrutiny” to...

25 July 2018 • By Jotham Lian

Tax

Proposed legislation tipped to drive compliance work

Draft legislation proposing the extension of the taxable payments reporting system and the removal of tax...

24 July 2018 • By Jotham Lian

Tax

Avoid another myGov fiasco: Govt urged to listen to accountants on ABN reform

Professional associations are calling for the government to tap into the large pool of accounting professionals to aid...

24 July 2018 • By Jotham Lian

Tax

Property tax changes catching clients out this tax time

So far this tax time, clients in droves are surprised to find out about changes to deductions of travel expenses, and...

24 July 2018 • By Jotham Lian