Finance

A report has recommended big changes to taxation under employee share schemes, including making shares taxable only after they're sold.

Australia’s latest lockdowns pose a challenge for the ATO: start collecting the business debts outstanding from 2020 and risk putting companies under further pressure, or allow those debts to continue to grow.

The Tax Office has started issuing warning notices to small businesses with tax debts of more than $100,000, under new powers that allow it to disclose unpaid taxes to credit reporting agencies.

Small businesses will not be required to pay tax on COVID-19 business support payments provided by the federal government, after both houses of parliament passed new legislation this week.

The ongoing closure of cafes and restaurants across Greater Sydney will devastate small food distributors, with revenues already plummeting 70%, the peak industry body says.

SMEs now have less than one week to make the switch from using the ATO's business portal to the new online services for business platform.

The biggest unstated message from the intergenerational report released during the lull between lockdowns is that we will need more tax.

A recent analysis suggests the federal government could turn around Australia’s performance on research and development within a decade.

Developers looking to see how Victoria’s new windfall gains tax could hobble property development projects should be keeping an eye on the races, writes Pitcher Partners’ Craig Whatman.

The Administrative Appeals Tribunal has overturned the tax office's decision to pursue $106,576 in tax debts from the owners of a family freight and transport business.