Tax

Tax

ATO’s debts on hold campaign prompts new IGTO guidance

New guidance has been released on best practice principles for debt notifications in response to the re-activation of...

26 March 2024 • By Miranda Brownlee

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Tax

Consultation or consternation?

It is time that the accounting profession and other stakeholders seriously ask whether the consultation processes with...

22 March 2024 • By John Jeffreys, John Jeffreys Tax

Tax

HLB Mann Judd flags tax traps for clients working offshore

Businesses and employees must ensure they are aware of the potential implications of working offshore to avoid...

21 March 2024 • By Miranda Brownlee

Tax

Bowerman decision highlights flaws with ATO approach to losses

The AAT decision demonstrates the reluctance of the ATO to allow tax deductions where profit-making activities lead to...

21 March 2024 • By Miranda Brownlee

Tax

DPNs surge to over 18k as ATO ramps up activity

The ATO is adopting a range of targeted strategies as it clamps down on the growth in collectable debt.

20 March 2024 • By Miranda Brownlee

Tax

Government unveils details of Division 296 tax for defined benefit interests

Treasury has released draft regulations outlining the calculation of the Division 296 tax for defined benefit interests.

18 March 2024 • By Miranda Brownlee

Tax

Beware of ‘quirks’ in draft GST ruling, cautions tax expert

The ATO has changed its position on certain timing aspects for claiming input credits in a recent draft ruling, says...

18 March 2024 • By Miranda Brownlee

Tax

ATO’s client-agent linking a threat to system integrity: IGTO

Tax ombudsman Karen Payne has criticised the byzantine design and implementation of the process, throwing her support...

18 March 2024 • By Christine Chen