ATO Embarking On e-Audits
The ATO has recently published information about the “e-Audit” technology it uses as part of [...]
Wind Farm Grant Was An Assessable Recoupment
The Full Federal Court has dismissed a taxpayer’s appeal and held that a Commonwealth grant [...]
ATO Now Issuing Excess Transfer Balance Determinations
The ATO has advised that is now sending out excess transfer balance (ETB) determinations to [...]
Social Security Means Testing Of Lifetime Retirement Income Streams
The Department of Social Services (DSS) has released its proposed means testing rules for pooled [...]
Corporate Tax Avoidance: Latest ATO Targets
The ATO has provided an update on its latest focus areas and the compliance projects [...]
Moving To Combat The Black Economy
The Black Economy Taskforce was established in 2017 “to develop an innovative, forward-looking whole-of-government policy [...]
Bill To Change Residential Property GST Arrangements
A Bill has been introduced into Parliament that, when passed, will require purchasers of new [...]
Changes To Small Business CGT Concessions
Treasury has released draft legislation to make sure that taxpayers will only be able to [...]
Bill To Implement Housing Affordability CGT Changes
As part of the 2017–2018 Budget, the Federal Government announced a range of reforms intended [...]
Guidance For SMSFs On Transfer Balance Reporting
The ATO has released further guidance on when SMSFs need to report events affecting their [...]