Tax

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

more from tax

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

Tax

Spike in tax practitioner complaints in ‘challenging year’ for TPB

The Tax Practitioners Board (TPB) believes significant funding constraints have hampered its performance in a year...

31 October 2017 • By Katarina Taurian

Tax

GST crackdown gets backing as ‘tens of thousands’ of letters sent

The ATO’s renewed tax time warnings about its GST surveillance activity has been welcomed as a necessary move by parts...

31 October 2017 • By Katarina Taurian

Tax

ASIC pinpoints accountants, auditors, liquidators in FY17/18 plans

ASIC has today released its business plan for the current financial year, indicating compliance resources will be...

31 October 2017 • By Katarina Taurian

Tax

Win for clients in ATO expenses backflip

The ATO has reinstated a popular meals expense after consultation with tax and industry professionals who opposed its...

30 October 2017 • By Reporter

Tax

Lesson for accountants in firm’s $1m penalty

An advice firm has copped a $1 million civil penalty from the Federal Court, serving as a warning to accountants...

30 October 2017 • By Katarina Taurian

Tax

ATO hints at renewed GST swoop

The ATO has contacted over 120,000 taxpayers about their GST obligations, and ahead of tomorrow’s self-lodgement...

30 October 2017 • By Katarina Taurian