Posts tagged "Australian Taxation Office (ATO)"

"Confused or unclear communication" can cause unnecessary stress for business owners and individuals who owe tax, says Inspector-General of Taxation Karen Payne.

Tax trainer and adviser John Jeffreys said that the corporate plan put out by the ATO covers many things, but it does not offer a plan for tax agents.

The former treasury secretary has declared the Australian taxation system is in “a parlous state” and called for “big bang” tax reform.

Small businesses onboarding staff will be required to figure out whether new recruits have an existing super account, under new government rules coming into effect next month.

A committee has recommended the federal government introduce a taxpayer bill of rights, giving small businesses better legal protections when they engage with the tax office.

CPA Australia says the government could consider passing legislation that would allow small businesses to deduct the cost of applying for tax-free COVID-19 grants against other business income.

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.

Payment times are increasing for small businesses, with creditors unable to chase up debts amid an extension in insolvency protections.

The Morrison government has announced bankruptcy and insolvency protections will be extended until the end of the year.

A human touch and an agile response to COVID-19 have put two very different professional service firms in the driving seat for uncertain tim…

The tax office has closed a 19-year tax evasion case, with a 60-year-old man sentenced to six years in jail for their role in the scheme.

Sole traders are being advised to ensure they're reported a taxable supply to the ATO before applying for JobKeeper payments.