In his 2012 State of the Union address US President Barack Obama lamented the fact that billionaire Warren Buffett faces a lower tax rate on…
In his 2012 State of the Union address US President Barack Obama lamented the fact that billionaire Warren Buffett faces a lower tax rate on…
Claiming deductions for tax losses might seem like a common tax issue that doesn’t deserve much attention. Seems fairly straightforward – …
Research released yesterday revealed the cost to small business of meeting its GST compliance obligations is roughly 50% higher in Australia…
Small businesses have once again been warned about the importance of being up to speed with the new Personal Properties Security Registry, a…
The retail industry is hopeful of eventual change to the GST low-value threshold, but industry leaders say they don’t expect to see anything…
The Tax Practitioners Board has fined a BAS agent $40,000 after she received fees and lodged tax returns for individuals even though she was…
The ATO plans to conduct some 250 SME audits for the 2012-13 income year. In fact, those audits, being conducted by seven ATO audit teams, h…
The number of businesses entering insolvency reached a record number in October, but insolvency firms say activity has lessened now they’re …
Federal Parliament has ended for the year, but its last sitting week saw the introduction of legislation that will make some significant tax…
The Government has issued a response to the Low Value Parcel Processing Taskforce report, saying that it won’t lower the GST-free threshold …
The Government is expected to abandon any plan of reducing the tax-free import threshold of $1,000, opting instead to focus on improving imp…
“I’m from the Tax Office and I’m here to help you.” Fateful words, and ones that you probably don’t believe. Nobody wants to ha…
