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Tax & Compliance

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Work-from-home shortcut method extended The ATO has confirmed it has extended the work-from-home shortcut method until the end of June 2022. Write comment (1 Comment) ...
‘Significant investigation’: ATO reforms to create fairer tax system Australian Small Business and Family Enterprise Ombudsman Bruce Billson has become the latest to back recommendations made by the IGTO, noting they will go a long way in ...
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Tax profession welcomes IGTO recommendations, urges ATO to go further Leaders from across the tax profession have welcomed recommendations made by the IGTO on how the ATO could make taxpayers better aware of their rights. But more could be ...
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Tax watchdog finds ATO staff ill-equipped to handle taxpayer disputes Staff at the ATO could be doing more to communicate “clear and complete” information, after a review of taxpayer rights conducted by the IGTO found that less than 1 p...
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ATO doubles down on lodgement benchmark ‘support’ The ATO’s assistant commissioner has confirmed practitioners will not lose access to their lodgement programs if benchmarks aren’t met, as the Tax Office shifts gears...
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Frydenberg welcomes historic OECD tax agreement The majority of the world’s economies have agreed to setting a minimum corporate tax rate of 15 per cent as governments move to ensure global mega-corporations are payi...
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ATO urges caution on publication of JobKeeper documents, responding to reports A trail of JobKeeper documents released under freedom of information laws has prompted words of warning from the ATO, which suggests the documents alone portray an incomp...
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ATO freezes $80m worth of assets detailed in Pandora Papers A Gold Coast property developer has had more than $80 million worth of assets frozen by the Federal Court after he was alleged by the ATO to have engaged in tax avoidance...
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Perrottet sets his sights on GST, property tax in early hours of leadership An annual property tax and GST reform are high on the newly appointed Premier’s priority list, as he puts economic reform at the centre of his leadership. Write...
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ATO to investigate up to 400 Australians linked to Pandora Papers One of the largest financial documents leaks in history details the secret wealth of some of the world’s most powerful people. Now, the ATO says, Australian taxpayers n...
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‘ATO no longer prepared to be viewed as a line of credit’ Businesses have been warned against using the ATO as an alternative line of credit as new debt reporting powers come into play. Write comment (4 Comments) ...
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