Illegal phoenix activity costs billions; new Phoenix Hotline
The ATO has released a new report on the economic impacts of potential illegal phoenix [...]
Retirement income covenant needs more flexibility: KPMG
KPMG has released a submission in response to the Treasury position paper on the proposed [...]
Income tax residency rules for individuals: Board of Taxation recommends reform measures
The Board of Taxation has publicly released its initial report on its review of Australia’s [...]
ATO warns about scammers at tax time
The ATO has warned taxpayers to be on “high alert” for tax-related scams. ATO Assistant [...]
Tax gap for individuals is $8.8 billion, says ATO
The ATO has estimated that the net “tax gap” for individuals not in business in [...]
Transacting with cryptocurrency: updated ATO info
The ATO says a capital gains tax (CGT) event occurs when a person disposes of [...]
ATO gives small businesses the chance to seek independent review of ATO audit position
From 1 July 2018, the ATO is running a 12-month pilot to extend its independent [...]
Illegal early access to super: ATO warning about scammers
The ATO has issued a warning to be aware of scammers who promise to organise [...]
Government launches new service to simplify business registrations
The government has officially launched a new stand-alone Business Registration Service, providing a simpler and [...]
SMSF Compliance: Don’t Slip Up
With the self managed superannuation fund (SMSF) annual return lodgment deadline upon us, minds should [...]