Tax
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
Tax
Accountants told to speak up as tax pain points up for review
18 July 2018 • By Jotham Lian
Tax
ATO’s tougher stance on work vehicles ‘need attention’
17 July 2018 • By Katarina Taurian
more from tax
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
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
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
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
Tax
Caution advised on pricing model transition for clients
Accounting firms would do well to consider a few key precautionary measures before deciding to change their client...
13 July 2018 • By Adrian Flores
Tax
‘Large preparers to suburban accountants’ copped ATO audit
Pre-emptive warnings and compliance action are on the cards as the ATO speaks on the tax agent behaviour which is...
13 July 2018 • By Jotham Lian
Tax
91 missed returns lands taxpayer with suspended sentence
Failing to lodge 91 returns over a decade has seen a business owner issued a suspended sentence, and follows tens of...
12 July 2018 • By Jotham Lian