Tax

Tax

ATO issues warning on common CGT errors to Next 5,000 groups

Mischaracterisation of information and poor record-keeping are leading to costly errors with capital gains tax among...

25 March 2025 • By Imogen Wilson

more from tax

Tax

Commissioner of Taxation appeals Bendel case decision

The Commissioner of Taxation has filed a special leave application with the High Court in respect to the recent...

21 March 2025 • By Imogen Wilson

Tax

Urgent clarity needed on corporate taxation, The Tax Institute says

The Tax Institute is calling for overdue certainty on corporate taxation to lower compliance costs ahead of next...

21 March 2025 • By Imogen Wilson

Tax

Lower Div 296 threshold to $2m, increase Div 293 to 35%: Grattan report

The government should curb superannuation tax breaks and lower the Division 296 tax threshold to $2 million as a top...

20 March 2025 • By Keeli Cambourne

Tax

Coalition remains ‘on the fence’ towards income tax cuts

The Coalition remains unclear on its position towards income tax cuts ahead of the upcoming federal budget and looming...

19 March 2025 • By Imogen Wilson

Tax

Government to clarify tax arrangements for MITs

Income tax laws are set to be amended to ensure investors can continue to access concessional withholding tax rates...

17 March 2025 • By Imogen Wilson

Tax

No FBT for some car parking

Federal Court rules shopping centre car park was not a ‘commercial car parking station’.

16 March 2025 • By James Trainor, BDO

Tax

ATO outlines current focus areas for tax 3.0 plans

Faster error detection, easier calculation of PAYG instalments and encouraging more frequent reporting are some of the...

14 March 2025 • By Miranda Brownlee