Tax

Tax

Instant asset write-off the latest ‘political football’, says NTAA

Disputes between parties over the size of proposed increases to the instant asset write-off threshold have seen the...

20 May 2024 • By Miranda Brownlee

more from tax

Tax

Federal budget: The accounting profession delivers its verdict

The Federal Budget for 2024 delivered smaller, targeted small business support but failed to deliver more...

14 May 2024 • By Miranda Brownlee

Tax

ATO to be granted greater discretion over old tax debts

The Tax Office will be given additional discretion as to how it treats the billions of dollars in on hold tax debts.

14 May 2024 • By Miranda Brownlee

Tax

NFPs urged to update associates, contacts ahead of new reporting

Non-charitable not-for-profit organisations must update any new associates and authorised contacts ahead of lodging...

14 May 2024 • By Miranda Brownlee

Tax

Business tax incentives, tax reform top of budget wishlist

The accounting profession has outlined the critical measures it would like to see handed down in tonight’s federal...

14 May 2024 • By Miranda Brownlee

Tax

Maximising tax benefits through giving structures

Charitable giving has always been a rewarding way to generate tax savings, but the impending tax changes present an...

10 May 2024 • By Rachael Rofe, APS Foundation

Tax

Service entities must face looming payroll tax issue ‘head on’, warns tax lawyer

Businesses such as medical practices should start reviewing their payment arrangements now with certain amnesties for...

09 May 2024 • By Miranda Brownlee

Tax

Victorian budget fails to save GP clinics from ‘payroll tax fiasco’

The Victorian government is facing renewed calls to address the “devastating patient tax” impacting clinics after the...

09 May 2024 • By Miranda Brownlee