Tax

lsquo bloody mess rsquo  tax act could be worsened with changes
Tax

‘Bloody mess’ Tax Act could be worsened with changes

The government’s intentions to change and simplify Division 7A have been broadly welcomed, but certain tweaks slated...
08 November 2017 • By Jotham Lian

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jail
Tax

Failures with accountant sees WA man sentenced

A former stockbroker whose dealings with an accountant saw his clients exposed to compliance action with the ATO, has...
06 November 2017 • By Katarina Taurian
investigate leads in tax data
Tax

ATO set to investigate leads in tax data reveal

A major reveal from the International Consortium of Investigative Journalists (ICIJ) has prompted the ATO to...
06 November 2017 • By Katarina Taurian
tax big
Tax

Lobby grows for land taxes reform

Tax concessions including negative gearing and CGT discounts are counterproductive in assisting in housing...
06 November 2017 • By Jotham Lian
money big
Tax

Looming lending changes to impact Aussie firms

Mandatory comprehensive credit reporting (CCR) will come into effect for the big four banks from 1 July 2018, with...
02 November 2017 • By Jotham Lian
boxing gloves big
Tax

‘Sharper teeth’ needed to hold ATO accountable, mid-tier says

A mid-tier firm has joined calls for the Inspector-General of Taxation (IGoT) being given more powers in an effort to...
01 November 2017 • By Katarina Taurian
tax time
Tax

Government proposes tax breaks for fintech investors

The government has put forward draft legislation which allows start-up fintech businesses to access the venture...
01 November 2017 • By Jotham Lian
debt
Tax

ATO records jump in prosecutions, debt

The tax office’s annual report shows there was an increase in prosecutions last financial year for individuals and...
01 November 2017 • By Katarina Taurian