Tax

Tax

ATO tightens GST assurance on top 1,000 companies

An analytical tool cross-checks BAS against audit outcomes to ensure the correct amount is paid.
02 March 2023 • By Josh Needs

more from tax

Tax

How testamentary trusts can take the sting out of tax

For beneficiaries incurring high personal tax rates, the significant savings possible make them an attractive option.
24 February 2023 • By Suzanne Jones
Tax

Accountants must educate clients on PAYG instalments: ATO

Whether voluntary or mandatory, the Tax Office has warned agents to ensure their client understands their obligations.
22 February 2023 • By Josh Needs
Tax

TPB bans tax agent for five years over fraudulent grants

The agent falsified statements to support the inappropriate applications for grants.
21 February 2023 • By Josh Needs
Tax

‘When the audits start, all hell will break loose’

Professionals are being singled out to pay more tax under the ATO’s “discriminatory” profit allocation guidance, says...
21 February 2023 • By Philip King
Tax

Ampol pays $157m to settle transfer pricing dispute

The ATO welcomes arrangements with the company’s Singapore operations that stretch forward a decade.
20 February 2023 • By Philip King
Tax

Accountants face client backlash over blizzard of tax changes

Revised rules require fresh advice but clients often blame their tax professional, says Tim Munro.
20 February 2023 • By Philip King
Tax

‘Many more arrests to come’ over billions in GST fraud

The ATO and AFP say they have acted against more than 53,000 people and prevented almost $2.5 billion in wrongful...
17 February 2023 • By Josh Needs