ATO extends ‘shortcut’ method for claiming work from home tax deductions
The Australian Taxation Office has extended its shortcut method for claiming working-from-home expenses to December 31, 2020.
Businesses confess $588 million in unpaid superannuation in return for amnesty
Tens of thousands of businesses have confessed to underpaying superannuation and committed to backpaying employees.
Business group slams Victoria’s payroll tax deferrals, calls for exemptions instead
Payroll tax deferrals unveiled by the Victorian government do not go far enough and should include an exemption, business groups argue.
Ditching checklists and tradition enabled the ATO to swiftly roll out COVID-19 support measures, according to commissioner Chris Jordan
When Chris Jordan arrived at the ATO in 2013, after more than 25 years at KPMG, he quickly began challenging the status quo.
Man sentenced to six years’ jail over “intricate tax evasion” that saw $4.5 million recovered
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.
“The reality of where the economy is at”: With tax collection down, budget forecasts are only going to get worse
Even if the government hadn’t spent $5.9 billion on JobKeeper and other emergency measures last financial year, its budget position would have collapsed.
Rethinking tax reform: The once-in-a-generation opportunity to unshackle Australian businesses
As COVID-19 wreaks havoc on world economies, there has never been a better or more crucial time to redesign Australia's tax system. And SMEs could benefit.
JobKeeper: Thousands of sole traders hit with audits and told they may need to repay wage subsidies
The ATO has sent emails to business owners threatening potential back payments over ineligible JobKeeper applications, sparking concern among sole traders.
July 1 changes you need to know about: Open banking, wage increases and penalty rate cuts
July 1 brings a raft of changes for small business owners, including a minimum wage increase and further penalty rate cuts in retail.
Tax watchdog to investigate ATO small business communications amid JobKeeper integrity probes
The investigation is set to examine how well the ATO communicates with small businesses about their rights to complain, review and appeal decisions.
“Inflexible”: Kate Carnell says business partners have been left out of Morrison’s JobKeeper program
Small business ombudsman Kate Carnell says business owners operating under a partnership have been left in the lurch by JobKeeper rules.
“Expect to hear from us”: ATO sounds warning on dodgy JobKeeper applications, foreshadowing audits and clawbacks
The ATO is encouraging businesses that may have made a mistake on their JobKeeper applications to come forward or risk an audit.
