Tax

Tax

From 100A to exam cheats and director IDs … Oh, what a year!

What were the biggest stories in the tax profession in 2022? Accountants Daily picks its top five.

30 December 2022 • By Philip King

more from tax

Tax

Why accountants must be alert to 100A agreement traps

Advisers run the risk of being party to a reimbursement agreement under the ATO’s trust ruling.

22 December 2022 • By John Jeffreys

Tax

100A ruling leaves trust decisions haunted by ‘uncertainty’

The ATO fails to resolve the key question of what constitutes “ordinary family and commercial dealing”, tax...

13 December 2022 • By Philip King

Tax

Raids stop $33m in tax avoidance, ATO claims

Charges are pending following an operation with the Australian Federal Police (AFP) that uncovered 70 sales systems...

13 December 2022 • By Josh Needs

Tax

When it comes to valuations, make sure the price is right

There are “at least 206” different tax provisions that may require you to determine the value of an asset.

09 December 2022 • By Mark Whittaker and Sally Preston

Tax

ATO targets dodgy deductions for holiday homes

Thousands of dollars in claims “that would fail the pub test” contribute to $1.6bn tax shortfall, assistant...

06 December 2022 • By Philip King

Tax

Why lockdown DPNs put accountants in jeopardy

Tax professionals could find themselves in the firing line if a director becomes personally liable for company debts.

02 December 2022 • By Trevor Withane

Tax

Have yourself an FBT-free Christmas

It’s fine to throw a work party and buy staff presents but give the Cartier watches a miss, say accounting bodies.

01 December 2022 • By Josh Needs