Tax

Tax

CPA outlines ATO focus areas for expenses this tax time

With tax time fast approaching, the professional body has outlined some of the claims that may attract additional...

05 June 2024 • By Jack Campbell

more from tax

Tax

Taxpayers warned on risks with rushed tax returns

CPA Australia says cost of living pressures may drive some taxpayers to rush their return this year to receive an...

02 June 2024 • By Miranda Brownlee

Tax

Lawyer issues reminder on tax risks with UPEs

Unless carefully managed, unpaid present entitlements (UPEs) and beneficiary accounts in family/discretionary trusts...

31 May 2024 • By Keeli Cambourne

Tax

ATO releases decision impact statement on Minerva decision

The decision does not change the Tax Commissioner’s view that schemes that include a trustee’s exercise of discretion...

30 May 2024 • By Miranda Brownlee

Tax

Committee pushes for tax changes for large consulting firms

The inquiry into the NSW government’s use of consulting services says large consulting firms should be required to pay...

29 May 2024 • By Miranda Brownlee

Tax

Land tax objections can attract ‘greater scrutiny’, warns law firm

Recent changes to land tax rules and increasing property values is driving an increase in objections against land tax...

29 May 2024 • By Miranda Brownlee

Tax

Victorian government swoops on vacant properties in tax crackdown

Over 300 assessments have been issued for vacant residential land tax in a recent compliance investigation.

28 May 2024 • By Miranda Brownlee

Tax

Plan now to take advantage of stage 3 tax cuts, specialist advises

With the stage 3 tax cuts set to be implemented in around six weeks, opportunities for tax-saving strategies should be...

25 May 2024 • By keeli cambourne