Tax News

Tax News

May 11, 2020
ATO

Tax Office Clarifies Eligibility Discretion Approach

Source: Accountants Daily Eligibility to the cash-flow boost measure requires entities to have held an ABN on 12 March and lodged on or before 12 March […]
May 5, 2020
ATO

ATO Reveals JobKeeper Compliance Approach

Source: Accountants Daily The Tax Office has now published Practical Compliance Guideline 2020/4, setting out how the ATO will apply its compliance resources to schemes that […]
April 30, 2020
Tax Reform

COVID-19 An ‘Opportunity’ for Tax Reform

Source: Accountant Daily Speaking in a Governance Institute webinar, HSBC chief economist Paul Bloxham called for “comprehensive economic reform” across key areas such as tax and […]
April 23, 2020
ATO

ATO Highlights Cash-Flow Boost Lodgement Timing Issue

With the government’s COVID-19 cash-flow boost measure to be delivered in the activity statement system from 28 April, the ATO has now made note of the […]
April 6, 2020
tax arbitrage

Taxpayers Cautioned on Abusing ‘tax arbitrage’ of Early Super Release

Source: Accountants Daily Taxpayers have been urged to reconsider applying for the early release of super to simply obtain tax benefits, with the loophole going against […]
December 9, 2019
bushfire ato tax relief

Bushfire Relief From ATO Obligations

The ATO has provided relief from lodgement compliance and payment obligations for those impacted by the bushfires. An automatic two-month deferral for activity statements lodgements and […]

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