Tax

Tax

Business tax cut repeal tipped to create chaos for clients

Labor’s decision to repeal currently legislated company tax rates cuts to entities up to $50 million, if elected, will...

27 June 2018 • By Jotham Lian

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Tax

Rate change set for popular deduction

The cents per kilometre rate for work-related car expense deductions will change from the income year commencing 1...

26 June 2018 • By Jotham Lian

Tax

Surprise taxes catching out property owners with big sales

Accountants and advisers have been urged to take a cautious approach in dealing with property collective sales, with...

26 June 2018 • By Jotham Lian

Tax

ASIC set for more access to auditors’ work trails

The corporate regulator will now be able to obtain and share audit work papers and information relating to audit and...

25 June 2018 • By Jotham Lian

Tax

Amended CGT start date a ‘welcome relief’ for accountants

The government will amend the start date of their proposed small business CGT concessions measure, in a move tipped to...

22 June 2018 • By Jotham Lian

Tax

Payroll tax threshold to increase in NSW, SA

Small businesses in NSW and SA are set to benefit from an increase to the payroll tax threshold, but more states need...

21 June 2018 • By Jotham Lian

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

Tax

ATO defends tax agents compliance campaign

The Tax Office has refuted claims that it is on a witch hunt against all tax practitioners and taxpayers, but will...

19 June 2018 • By Jotham Lian