Posts tagged "tax"

Labor's decision to drop major tax reforms affords local SMEs some "breathing space", according to CPA Australia.

Tech upgrades and digital skills emerged as key points of the 2022-2023 federal budget, thanks to two new tax deductions proposed by the Morrison government.

MYOB today published a report reflecting the top concerns of the local SME community, one day ahead of the federal budget.

The federal government’s decision to bring carbon credit income into the farm income net this week is a welcome and logical change. Now it's time to take to fix supply issues in the market.

With the cost of living in Australia soaring, economists say the government has few levers left to ease the blow of a crisis largely beyond its control.

The Australian Taxation Office’s (ATO) recently released guidance on section 100A contains much that challenges the ‘lore’ that has grown up around acceptable uses for trusts in Australia. 

Treasurer Josh Frydenberg says he hasn’t “made any final decision” on the $7.8 billion per year low and middle income tax offset ahead of next month’s budget.

Sole traders have enough on their plate without juggling the complexities of tax. Moreover, using an accountant can be expensive for workers…

It is important for businesses purchasing RATs for employees to be aware of potentially triggering a fringe benefits tax event.

The Tax Practitioners Board has terminated the registration of a Victorian tax agent and banned him for five years.

The Greens Party has proposed a “tycoon tax” that would tax so-called super-profits made by companies with annual turnovers of more than $100 million.

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.