Tax

Tax

‘Substantiation will be a key focus’: ATO drums in tax time 2018 hit list

The tax office has further detailed what type of work-related expenses will be in focus this tax time and signalled a...

20 February 2018 • By Katarina Taurian

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Tax

5,000 tax agents linked to key ATO compliance target

SMSF lodgement is a major compliance focus for the tax office, and its monitoring and surveillance have found 5,000...

16 February 2018 • By Katarina Taurian

Tax

ATO gets defensive on big business tax compliance

As discontent stirs about the tough stance on small work-related expenses deductions, the ATO has issued a statement...

16 February 2018 • By Katarina Taurian

Tax

ATO issues new taxpayer alert

After firing warning shots last year, the tax office has this week issued a blanket taxpayer alert about structured...

15 February 2018 • By Katarina Taurian

Tax

Labor’s proposed cap on deductible tax agent fees

Time to start building a public policy response to Labor’s proposed $3,000 cap on the deduction individuals can claim...

14 February 2018 • By Michael Croker, Chartered Accountants Australia & New Zealand

Tax

CPA fears axe hangs over popular deductions

CPA Australia’s policy team fears that if the smoke signals the ATO is sending on work-related expenses are as bad as...

13 February 2018 • By Katarina Taurian

Tax

‘Crazy to think they can hide’: avoidance rules tightened up

The federal government has released draft legislation to strengthen existing Multinational Anti-Avoidance Law, as it...

12 February 2018 • By Jotham Lian

Tax

Accountants encouraged to rally against Labor’s ‘significant policy change’

Labor’s plan to cap the deductibility of tax advice could be palatable to voters given it would raise $1.3 billion, so...

12 February 2018 • By Katarina Taurian