Tax

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

more from tax

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
Tax

Why you’ll need to watch the clock when you WFH

The ATO’s revised fixed rate method for expenses requires rigorous time-keeping records.
10 March 2023 • By Robyn Jacobson
Tax

Three men found guilty over watershed $105m tax fraud

The verdicts come after a six-year investigation by the AFP and ATO, plus an eight-month trial.
09 March 2023 • By Josh Needs
Tax

Fair Work on warpath over slack payslips, poor record-keeping

Small business pay practices have become a target for Fair Work and big fines await those with compliance shortfalls,...
03 March 2023 • By Philip King