Tax

Tax

ATO reveals small business hit list to combat tax debt

The Tax Office hopes shedding light on its enforcement priorities will improve taxpayer compliance.

29 November 2024 • By Christine Chen

more from tax

Tax

How businesses can stay compliant with Christmas expenses

A guide to celebrating the festive season while staying compliant with the ATO's guidelines.

22 November 2024 • By Coco Hou, Platinum Accounting Australia

Tax

Tax administration at ‘critical time’ as ATO intensifies debt collection: IGTO

The Inspector-General of Taxation and Taxation Ombudsman expects the number of complaints relating to debts and tax...

22 November 2024 • By Miranda Brownlee

Tax

Julie Collins rejects liquidity concerns relating to super changes, family farms

The Minister says super funds should already have sufficient liquidity to meet existing or prospective liabilities in...

21 November 2024 • By Keeli Cambourne

Tax

Practitioners cautioned on ATO’s top target areas for GST

A tax specialist has outlined three of the major GST areas on the ATO’s radar based on recent discussions.

21 November 2024 • By Miranda Brownlee

Tax

SMEs must be aware of CGT obligations, cautions tax expert

Capital gains tax continues to be the most common tax trap for Australian small businesses due to its broad scope, a...

20 November 2024 • By Imogen Wilson

Tax

Welcome to Under the Hood

UTH has been launched to provide more technical insight and discussion into the accounting industry’s ins and outs.

19 November 2024 • By Robyn Tongol

Tax

Reliance on bracket creep risks record-high income taxes

The budget is becoming increasingly reliant on bracket creep as Commonwealth revenue from fuel and excise levies...

18 November 2024 • By Christine Chen