Tax

Tax

Frustrating reality of ATO overlooked in audit report

Favourable scorecard fails to align with the day-to-day experience of tax agents.

19 August 2022 • By John Jeffreys

more from tax

Tax

‘Wholesale reform’ only route to sustainable tax system

With an ageing population and increasing pressures on the budget, the revenue base needs an overhaul, says Tony Greco.

15 August 2022 • By Philip King

Tax

Decade of budget deficits leaves Australia exposed

Australia is sleepwalking into an economic twilight zone with record debt and an acceptance that budget deficits are...

12 August 2022 • By Philip King

Tax

How Div 7A changes the game for companies and trusts

The ATO’s final guidance on Division 7A heralds the end of sub-trust arrangements for unpaid present entitlements.

12 August 2022 • By Robyn Jacobson

Tax

What becomes of COVID cash when a company winds up?

Grants given tax-free to a business pose a dilemma when distributed to shareholders.

12 August 2022 • By Michael Carruthers

Tax

Achieve work-life freedom with a Shoebox bookkeeping or tax franchise

From technical support & training, business development, marketing and a ‘family’ environment, Shoebox Books & Tax...

11 August 2022 • By Shoebox Books & Tax

Tax

Shift away from tax agents ‘holds pitfalls for crypto, gig workers’

CPA Australia says ATO data reveals more people using the myTax app just as returns are getting more complicated.

11 August 2022 • By Philip King

Tax

Disclose contractor payments by 28 August, ATO warns

Small businesses told under-reporting will be exposed by powerful data matching.

09 August 2022 • By Josh Needs