iscover Tax
Tax
Why revised promoter penalties need clear boundary maps
With a substantial increase in maximum fines, exemptions for the provision of advice will have to work effectively.
29 September 2023 • By Robyn Jacobson
Tax
How capital asset creation can make labour costs non-deductible
29 September 2023 • By Dennis Tomaras and Ellen Karakoussis
Tax
Victorian ‘Airbnb tax’ misjudges landlords, experts say
22 September 2023 • By Christine Chen
more from tax
Tax
ATO linking system takes giant stride into business
The revised procedure will encompass an additional 1.7 million entities from 13 November.
22 September 2023 • By Philip King
Tax
GP clinics left with uncertainty on payroll tax, says KPMG
Medical centres are unlikely to get clarity on the issue until there is further litigation, the firm believes.
22 September 2023 • By Miranda Brownlee
Tax
NSW fuels budget turnaround through compliance, tax hikes
The government’s budget closes loopholes and funds Revenue NSW to improve tax “fairness and integrity”.
20 September 2023 • By Christine Chen
Tax
Professional profits guidance a ‘blunt tool’ for assessing risk
Arrangements that fail to satisfy a gateway or fall into the higher risk zone under PCG 2021/4 may increase audit risk...
18 September 2023 • By Miranda Brownlee
Tax
‘Depleted savings, credit card debt leave economy on last legs’
Maxed-out credit cards together with household savings at a 20-year low are alarming portents for the looming...
15 September 2023 • By Philip King
Tax
$20k instant asset write-off to get 1-year extension
The amendment will hold off the threshold reverting to $1,000 until June 30 next year.
15 September 2023 • By Christine Chen
Tax
Qld retreats from payroll tax on medical centre GPs
Treasurer promises ruling next week to confirm patient-to-GP payments will avoid the levy.
15 September 2023 • By Philip King
