ATO winding up applications on the rise as pre-pandemic compliance measures return in force
The ATO is accelerating its use of company wind up applications, risk reporting firm Alares says, suggesting the return to pre-pandemic compliance measures is well and truly underway.
New ATO small business chief offers olive branch to SMEs after leading raids on suspected GST fraudsters
The ATO's new small business chief has urged those with unpaid debts to come forward and ask for help, offering a gentle touch just months after leading raids on 19 people suspected of GST fraud.
“Give me an example”: ATO chief Chris Jordan says clients need to be specific when making tax complaints
Chris Jordan has warned customers that if they can’t point to a particular process or problem when whinging about their tax experience, it’s going to be a whole lot harder to fix.
ATO plans to be fully digital by 2030, tax commissioner reveals
Tax commissioner Chris Jordan used Xero's annual conference to partially unveil the ATO's new digital strategy.
Australia’s taxes are too low, but these reforms could help patch our revenue hole
Treasurer Jim Chalmers has indicated Labor might pivot towards raising taxes. It's a sensible move, especially if it targets Australia's wealthiest.
“Taxpayer-funded inheritance scheme”: Australia now has 32 SMSFs worth more than $100 million
Australia's wealthiest people are taking advantage of the superannuation system's favourable tax concessions.
Labor is sticking to its Stage 3 tax cut plans as business support measures weigh on the budget
The Albanese government says it has no plans to repeal a set of income tax cuts projected to cost $243 billion over 10 years.
Google AI spots 20,000 undeclared pools in $14 million tax windfall for French government
Artificial intelligence software developed by Google has found thousands of undeclared swimming pools in French backyards, resulting in a hefty tax bill for the owners.
“Do or die”: Tech players welcome government commitment to $1.55 billion “bonus” tax offsets for SMEs
Business bookkeeping platforms have welcomed draft legislation which could create $1.55 billion in "bonus" tax offsets for small businesses.
ATO: Small business tax, cybersecurity and single-touch payroll top priorities for 2022-23
The ATO has today released its 2022-23 corporate plan to highlight its key focus areas and priorities over the next financial year.
Why Labor can’t afford to ditch stage three tax cuts
Ditching the stage three tax cuts would be a disaster for Labor and a welcome fillip for a divided opposition.
A schooner for $10? The latest beer tax hike is likely to make this a reality
It's claimed that Australians are already taxed on beer more than almost any other nation in the world, and the price of a schooner is about to take another big leap.
