Tax

Tax

ATO explores ‘digitised guidance’ to combat Division 7A issues

Embedding ATO advice and guidance into software solutions will detect and correct errors with Division 7A ahead of...

18 April 2024 • By Miranda Brownlee

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Tax

ATO flags trust administration changes ahead of 1 July

The ATO has provided details on tax return changes for the 2023–24 year as part of the modernising trust...

15 April 2024 • By Miranda Brownlee

Tax

ATO issues response on NALI decision by AAT

A recent tribunal decision regarding non-arm’s length income is unlikely to apply to private lending arrangements more...

12 April 2024 • By Miranda Brownlee

Tax

Common tax traps for residential rental properties

Getting claims right is more important than ever with the ATO’s increased focus on residential rental properties.

11 April 2024 • By Robyn Jacobson, The Tax Institute

Tax

Cost of tax debt ‘to soar in 2025’, CA ANZ warns

Changes to the deductibility of the general interest charge and shortfall interest charge may see the ATO holding a...

11 April 2024 • By Miranda Brownlee

Tax

Why smaller accounting firms are landing government contracts

A bids and tender specialist has seen a dramatic increase in small to medium accounting firms bidding for government...

10 April 2024 • By Robyn Tongol

Tax

ATO issues alert on false invoicing arrangements

Businesses using illegal financing arrangements have been put on notice with the Serious Financial Crime Taskforce...

08 April 2024 • By Miranda Brownlee

Tax

ATO urges NFPs to start preparing for new reporting requirement

The ATO has warned the 150,000 not-for-profits who currently self-assess as income tax exempt to get ready for their...

05 April 2024 • By Miranda Brownlee