Tax

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

more from tax

Tax

GST, PAYG withholding a ‘significant portion’ of $50bn tax debt

Small businesses are increasingly falling behind on debts, with two-thirds of all debt owed by small business, the ATO...

05 April 2024 • By Nick Wilson

Tax

Households face highest tax levels in 2 decades, analysis shows

State and federal governments must make a concerted effort to curb spending or risk a record tax blowout, according to...

05 April 2024 • By Christine Chen

Tax

Common FBT mistakes flagged as FBT season kicks off

BDO has outlined several areas within fringe benefits tax that employers and accountants should pay close attention to.

03 April 2024 • By Miranda Brownlee

Tax

Instant asset write-off measure still stalled in Parliament

The bill to increase to the instant asset write-off threshold is still yet to pass Parliament, with only three months...

02 April 2024 • By Miranda Brownlee

Tax

Tax Office ‘dredging up’ decade old director debts

The IGTO and insolvency firms have seen a spike in director penalty notices issued for companies liquidated several...

27 March 2024 • By Miranda Brownlee

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

Tax

Tax agents still failing Div 7A basics, ATO warns

The Tax Office has begun a year-long lecture series on Division 7A after finding most breaches related to...

25 March 2024 • By Christine Chen