Advertisement

Tax

Tax

Taxpayers get refunds despite having debts on hold

ATO says “an issue” means the offsetting system is failing to pay down outstanding amounts.
18 August 2023 • By Philip King

more from tax

Tax

IPA celebrates centenary with gala dinner, appetite for future

“We pride ourselves on our personal connection with our members and our focus on supporting small businesses,”...
15 August 2023 • By Philip King
Tax

‘AI only a threat to firms which renounce it’

Artificial intelligence will never usurp accountants, although firms that fail to embrace the technology have the most...
11 August 2023 • By Philip King
Tax

Penalty amnesty tempts 7,000 small businesses back into tax system

UPDATED: The budget measure waives fines for late lodgment of income, BAS and FBT returns due during the pandemic.
11 August 2023 • By Philip King
Tax

Why the long road to tax residency will be plagued by detours

Complex secondary tests put obstacles in the way of an objective definition.
11 August 2023 • By John Jeffreys
Tax

Certainty over tax residency rules ‘will come at a cost’

The regime is outdated and inherently risky for advisers, but simplicity will also have drawbacks, says IPA.
10 August 2023 • By Philip King
Tax

Most taxpayers ‘in the dark’ about their return result

Widespread disappointment about refunds – or even money owing – should be unsurprising, according to a CPA Australia...
07 August 2023 • By Philip King
Tax

We’re in a recession – we just don’t know it yet

We are effectively in a recession already with near-zero GDP growth and many industries under pressure, says...
04 August 2023 • By Philip King