Friday, 3 October 2014
A Senate committee inquiry into bitcoin must examine the ATO’s guidance requiring Australian bitcoin exchanges to charge GST on the full value of the bitcoins they supply to Australian residents, industry figures say.
Federal Parliament is currently looking at legislation affecting the Medicare levy surcharge and the Australian Government Rebate. Here’s a look at the changes you can expect if these laws are passed.
Tuesday, 30 September 2014
Capital gains tax can be confusing. Here's an explanation of how it affects property appreciation, deceased estates, and some common misconceptions.
Monday, 29 September 2014
While the big end of town is busily dodging tax, the Australian Tax Office is doing nothing.
Thursday, 25 September 2014
Whether a compensation payment is taxed will often depend on the facts of each individual case.
Thursday, 18 September 2014
The mining tax repeal only affects mining companies – right? Not right. A number of measures that were to be paid for from the proceeds of the mining tax directly affect SMEs.
Thursday, 11 September 2014
A carpenter taking tax advice from a car salesman didn't really cut it with the Tax Commissioner in this case.
Wednesday, 10 September 2014
Tens of thousands of small businesses which took advantage of tax breaks associated with the mining tax will have to pay back that money to the Australian Tax Office.
Friday, 5 September 2014
Tax Commissioner Chris Jordan has welcome a request from Treasurer Joe Hockey for the ATO to “double its efforts” to ensure multinational corporations pay their fair share of tax in Australia.