Thursday, 26 February 2015
When a taxpayer disputes an assessment made by the Tax Office, she or he bears the burden of proving that the assessment is excessive.
Tuesday, 24 February 2015
Stamp duty on property conveyancing, insurance and motor vehicle sales should be scrapped and the goods and services tax (GST) lifted to make up any funding shortfall, accounting professional body CPA Australia has proposed.
Thursday, 19 February 2015
Less than two months ago the government announced it would cut red tape for employers by simplifying tax and superannuation reporting obligations through a system called Single Touch Payroll.
Monday, 16 February 2015
COSBOA is calling on the government to remove fringe benefits tax (FBT) on childcare and health services for small business employees.
Thursday, 12 February 2015
A recent case in the Administrative Appeals Tribunal has again shown the importance of having proper records and evidence when the Australian Tax Office comes calling.
The ATO is set to freeze $45 million in proceeds from the takeover of Nudie Juice company by Philippines-based multinational food giant Monde Nissin, according to reports.
The federal government has secured passage in the Senate for a controversial change to the research and development tax incentive.
Monday, 9 February 2015
The Australian Tax Office has fought back against claims by Nahji Chu, the founder of Vietnamese food chain Miss Chu, that the ATO is to blame for the collapse of her business.
Startups – highly-scalable, rapidly growing tech-enabled businesses – are scrambling for talent, and the most powerful of those incentives is giving employees the chance to earn a part of the company.