Tax

Tax

Tax Office puts contractors on notice over misreporting of income

The ATO's data matching programs have identified contractors that are incorrectly reporting or omitting contractor...

26 February 2025 • By Miranda Brownlee

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Tax

Practitioners left in ‘uncertain position’ as TR 2010/3 unravels

Accountants may need to lodge objections for some clients following the Bendel decision but must first wait for...

25 February 2025 • By Miranda Brownlee

Tax

SMSFA says it is time for government to take Div 296 ‘off the table’

It’s time the government takes the Division 296 tax “off the table” and listens to industry concerns, the SMSF...

24 February 2025 • By Keeli Cambourne

Tax

Concern surrounding trust distributions to companies

When it comes to family trusts, not all distributions are created equal, particularly with distributions from a family...

21 February 2025 • By Chris Balalovski, BDO

Tax

Doing the right thing: Division 7A and UPEs

A taxpayer has succeeded in the long-awaited Commissioner of Taxation v Bendel decision by the Full Federal Court.

21 February 2025 • By Paul Sokolowski & Timothy Graham, Arnold Bloch Leibler

Tax

ATO likely to face difficulties in appealing Bendel decision, says law firm

The Commissioner may seek special leave to appeal the Bendel decision but would face an "uphill battle" following a...

21 February 2025 • By Miranda Brownlee

Tax

Inspector-General of Taxation welcomes grant of additional powers

The Inspector-General of Taxation and Tax Ombudsman has been granted new powers as part of the government’s response...

20 February 2025 • By Imogen Wilson

Tax

Political interest in overhauling tax residency laws has ‘disappeared’, says...

Neither major party appears to have much motivation for simplifying and fixing the tax residency laws despite previous...

20 February 2025 • By Miranda Brownlee