Taxation

According to figures provided by the AAT, last year about 30 per cent of people who took a tax dispute to the Tribunal were represented by their accountant/tax agent.

AAT a potential minefield for tax disputes


Tax Commissioner Chris Jordan.

ATO Commissioner Jordan on incorrect tax claims on rental income


While showing appropriate empathy, the ATO also needed to identify tax advisers who consistently use aggressive tactics.

ATO Commissioner: we’re getting better at identifying problem tax advisers


Under the new laws, a tax whistleblower has many contact points within and external to an organisation to make disclosures.

What the new tax whistleblower laws mean for disclosure


The majority of gamblers lose, so any additional government revenue from taxing winnings would be insignificant.

Should your gambling winnings be taxed?


When accountants allow or encourage dodgy tax claims, their clients speak with friends and the problem becomes greater for the entire industry.

Outrageous tax claims: why are they so popular?


Tax audit protection is not mandatory for accounting professionals and some prefer to self-insure – putting money aside to pay the costs should they or a client ever come under the spotlight.

Is it ethical to self-insure?


Without the systems and processes to cope with the rush, many practices struggle with the EOFY workload.

Not waving but drowning: How to cope with the EOFY tsunami


The ATO will be looking very closely at rental deductions this year and their detection methods are becoming more advanced.

Tax Office priorities for tax returns 2019


Single Touch Payroll is a great opportunity for streamlining payroll and reporting processes.

STP: pay day's digital revolution


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