Posts tagged "tax agent"

The ATO has unexpectedly revitalised thousands of dormant tax debts, some of which are for as little as 31 cents.

The deadline for self-lodged tax returns is fast approaching, with taxpayers required to turn over their details by October 31.

Technical difficulties have plagued the Australian Taxation Office's online services for nearly a week, disrupting tax agents trying to complete returns before a major reporting deadline and raising concerns of further setbacks as a new cut-off date approaches.

Professional accounting groups are optimistic the ATO will continue to refine its new tax agent-linking system, after industry representatives said its six-step registration process could pose a significant challenge to small business clients.

The ATO is trialling a new digital process linking clients to tax agents, but some accounting groups are concerned the six-step process could place a significant administrative burden on small businesses.

During what is perhaps their busiest time of the year, some tax and BAS agents have been unable to access all of the ATO’s online services. 

Business owners are being encouraged to manage their cashflow ahead of new laws putting a stop to the ATO being used as a 'de-facto bank'.

The Senate has passed several controversial small business reforms which will change Australia's patent regime and expand ATO powers.

Whistleblower Richard Boyle has delivered a scathing assessment of the ATO watchdog's review of its garnishee scandal, claiming it distorted the facts.

A Senate committee has greenlighted a controversial bill to expand ATO powers by enabling it to share tax debts with third party credit agencies.

A tax office whistleblower facing a possible 161-year jail sentence for shining a light on ATO debt collection behaviour is asking for public support.

A government proposal to allow the tax office to share unpaid bills with credit bureaus is being closely watched by the ASBFEO.