Tax

Tax

PCG 2024/D2 poses ‘higher taxes for thousands of businesses’, warns tax expert

The ATO’s draft guidance on personal service income and the general anti-avoidance provisions is likely to be a shock...

30 August 2024 • By Miranda Brownlee

more from tax

Tax

‘Unjust’ foreign resident CGT changes could spook investors

Complex reforms broadening the regime without a transitional period make Australia a less attractive destination for...

23 August 2024 • By Christine Chen

Tax

Independent MPs demand urgent changes to $3m super tax reforms

Members of the crossbench are calling on the government to replace the taxation of unrealised gains with a simpler...

15 August 2024 • By Miranda Brownlee

Tax

BAS agent hit with 4-year ban for failing tax obligations

The TPB has terminated a BAS agent's registration after they failed to comply with personal tax obligations and...

13 August 2024 • By Imogen Wilson

Tax

ATO issues further advice to NFPs on self-review return

The Tax Office has provided not-for-profits with tips for lodging the self-review return through ATO's phone service...

13 August 2024 • By Miranda Brownlee

Tax

Voluntary tax believer fined $15k for bogus trust deductions

The AAT has upheld penalties for “reckless” returns lodged by a Brisbane woman who questioned the legitimacy of the...

12 August 2024 • By Christine Chen

Tax

ATO issues reminder on record-keeping requirements for taxpayers

The Tax Office has reminded taxpayers to consider what work-related expenses they could claim with appropriate...

08 August 2024 • By Imogen Wilson

Tax

ATO underscores focus on withholding tax obligations

The Tax Office has reminded taxpayers of withholding tax obligations that may apply with certain payments to...

05 August 2024 • By Imogen Wilson