Tax

Tax

Small business ‘the big culprit’ over FBT gap

The ATO believes small business is the big culprit when it comes to compliance with FBT and it’s on a mission to round...

24 March 2023 • By Philip King

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Tax

ATO warns businesses to check FBT claims as deadline nears

Electric vehicles become exempt from the levy for the first time and Mazars expects an influx of salary packaging...

22 March 2023 • By Josh Needs

Tax

Tax on unrealised gains in super ‘a dangerous precedent’

The concept proposed under Labor’s $3 million threshold has sparked fears the same approach could be adopted for other...

22 March 2023 • By Miranda Brownlee

Tax

SVB collapse takes tech industry into ‘uncharted territory’

The collapse of Silicon Valley Bank has taken the tech industry into “uncharted territory” and venture capital now...

17 March 2023 • By Philip King

Tax

Know your client’s crypto or risk a blowout, expert warns

Avoid finding out at the last minute that there are thousands of transactions to reconcile that haven’t been priced...

17 March 2023 • By Josh Needs

Tax

Accountants predict Victorian stamp duty review doomed to failure

Experts say there is only a slim chance the state will follow the lead of NSW and reform the “inefficient tax”.

16 March 2023 • By Josh Needs

Tax

Triple-pronged approach to Div 7A puts ‘crazy’ demand on accountants

The anti-avoidance law leaves tax professionals in the awkward position of explaining multiple interpretations to...

14 March 2023 • By Josh Needs

Tax

Thousands of defunct businesses ‘simply handing back the keys’

About 50,000 business owners a year are simply handing back the keys and walking away, says the chief executive of...

10 March 2023 • By Philip King