Tax

Tax

ATO reveals common rental property errors from data-matching program

Recent results from the data-matching program identified issues around the reporting of rental income and claims for...

04 September 2024 • By Imogen Wilson

more from tax

Tax

The permanency of the permanent: The ‘vacant’ landholding provisions

Are interest costs incurred on borrowings for land acquisition deductible to an entity undertaking a property...

30 August 2024 • By Phillip London, TaxBanter

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The ATO’s draft guidance on personal service income and the general anti-avoidance provisions is likely to be a shock...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

Tax

Federal Court hears ATO’s appeal of landmark Bendel decision

The Tax Office hopes to quash a tribunal ruling that cast doubt on how it treated unpaid trust entitlements for the...

26 August 2024 • By Christine Chen

Tax

ATO warns businesses on looming TPAR deadline

The ATO is reminding businesses to lodge their tax payable payment annual report by 28 August after issuing around $9...

26 August 2024 • By Miranda Brownlee

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