Five tax tips for businesses looking to get ahead of the curve in 2019
The end of the financial year is only six months away and now is the time to start thinking about what tax time might look like for your business.
Businessman fined for sacking employee who contacted Fair Work: The dangers of adverse action
Businesses are being warned about the dangers of adverse action after a director was fined for sacking a worker that approached fair work with a complaint.
‘Houses on the line’: Tax disputes to become easier for SMEs, but is earlier intervention needed?
Businesses with tax disputes will have an easier go of things under a new coalition policy, which will establish a dedicated concierge within the ASBFEO.
“It scares them”: Free tax advice for SMEs with disputes under new Labor policy
Business owners with tax office disputes will be able to access free legal advice under a new plan unveiled by Labor on Monday.
Business owner jailed for five years over illegal phoenix activity
A business owner convicted of illegal phoenix activity will spend five years in prison, amid a broader crackdown on the black economy.
Directors to be named and shamed for phoenixing under new Labor policy
Directors engaging in illegal phoenixing will be named and shamed under a new Labor policy designed to crack down on black economy activity.
“Businesses just give up”: Government considers simplifying ATO dispute resolution process
The government wants to make dispute resolution between SMEs and the ATO easier, amid concern many businesses are finding it difficult to fix problems.
ATO, Fair Work Ombudsman to be given new powers to pursue directors for abandoning workers
The Fair Work Ombudsman will receive new powers to pursue company directors under laws that passed the lower house this week
Inspector-general of taxation calls for oversight of ATO to be improved, amid concerns power is too concentrated
Inspector-general of taxation Ali Noroozi has called for a new management board to be established to "address concerns" over power concentration at the ATO.
Company directors required to sign up for identification numbers under new anti-phoenixing scheme
Treasury has unveiled draft legislation that will require directors to apply for identification numbers while simplifying business registers.
Government inquiry recommends taxpayers be compensated for ATO outages and calls for full review of taxation system
In a new report, the government has recommended tax agents and taxpayers be compensated for Australian Tax Office outages and downtime.
Government passes historic $144 billion income tax plan, claiming it will give small business a boost
The federal government has passed the largest ever set of income tax cuts through the Senate unamended, bringing tax relief for all Australians earning over $19,000, including the majority of small business owners.
