Tax

Tax

Next 5,000 review finds tax errors, poor record keeping

The ATO says a lack of documentation leads to issues over intra-group transactions and trust distributions.

07 November 2023 • By Miranda Brownlee

more from tax

Tax

How EV duty decision could run state taxes off the road

The recent High court decision denying Victoria’s distance charge on electric vehicles casts doubt on a whole raft of...

03 November 2023 • By Jeremy Makowski

Tax

Sole traders ‘miss out on $3.5bn in tax deductions’

More than four out of 10 fail to claim all of their business expenses, says one digital accounting services provider.

02 November 2023 • By Miranda Brownlee

Tax

Tax agents hit with ‘petty’ ATO list of old debts as little as 4c

UPDATED: Practitioners predict additional workloads as they seek to reconcile debts recently resurrected by the Tax...

01 November 2023 • By Christine Chen

Tax

Festive work parties must dance through an FBT ‘minefield’

H&R Block says many companies trip over the tax unawares as the ATO issues a seasonal reminder.

01 November 2023 • By Philip King

Tax

‘Integrity issues’ prompt ATO to clarify rules for R&D incentive

Review claims by clients and voluntarily disclose errors, the Tax Office urges.

31 October 2023 • By Philip King

Tax

ATO ‘takes tougher line with tax debt payment plans’

Billions in collectable debt mean the Tax Office is working to shorter time frames and responding more quickly to...

31 October 2023 • By Miranda Brownlee

Tax

CA ANZ proposes simpler solutions to $3m super tax

The government should consider simpler and more effective solutions to the current policy proposal for the $3 million...

30 October 2023 • By Miranda Brownlee