NSW to name and shame companies for payroll tax avoidance linked to wage theft
Companies in NSW that avoid paying payroll tax on unpaid wages could soon face significantly harsher penalties, as part of a NSW government plan to crack down on wage theft in the state.
ATO to resume penalties for tax debts, as small business independent review service made permanent
The ATO will resume issuing penalties and taking compliance actions against businesses that have outstanding debts or lodgement obligations, after pausing this activity during the pandemic.
Federal Court orders trio to pay $9.4 million over exploitative tax scheme
A solicitor, a financial planner and an accountant have been penalised more than $9.4 million by the Federal Court for exploiting the tax system.
Federal Court ruling against ATO could open door to more JobKeeper claims
A decision by the full bench of the Federal Court could open the gates for more businesses to retrospectively gain access to coronavirus stimulus payments, including JobKeeper wage subsidies, according to one tax professional.
National Audit Office turns microscope on R&D Tax Incentive scheme
The Australian National Audit Office is examining the effectiveness of R&D Tax Incentive scheme, and public consultation is open.
Aussie startup leaders call for collaboration with ATO on R&D Tax Incentive for software
Some of Australia's highest profile tech leaders have written to the ATO to invite collaboration on the R&D Tax Incentive scheme for software research.
ATO warns 60,000 businesses to file overdue taxable payments reports or risk penalties
The Australian Tax Office says businesses who have not yet lodged their annual reports need to lodge them as soon as possible.
New portal in the works to modernise application process for R&D Tax Incentive scheme
A new government portal is set to modernise and smooth over the process of R&D Tax Incentive applications online.
R&D Tax Incentive: Do I qualify? What can I claim? How does it work?
The R&D tax incentive lets you claim back up to $100 million in eligible expenses. This guide teaches you how.
Federal Court hands down record $23 million penalty, over “systematic abuse” of R&D Tax Incentive scheme
The Federal Court has handed down a $23 million penalty to a tax advisor, over the “systemic abuse” of the R&D Tax Incentive scheme.
IPA backs ATO decision not to claw back $50 million in JobKeeper payments made in error
A leading accounting group has backed the ATO’s decision not to pursue $50 million in JobKeeper payments from SMEs that made genuine errors.
Is it time to ditch stamp duty?
If the goal for state governments is to deliver a stable revenue stream, then stamp duty is not fit for modern purpose.
