Taxation

The ATO identified incorrectly-claimed work-related expenses as the chief cause of the tax gap found in a July 2018 report.

ATO reports tax agents over work-related expenses


TPB has been working closely with the ATO to examine data which shows about 5 per cent of tax practitioners have late lodgments with the ATO.

Late lodgments with the ATO: Time ticks down to pay the piper


CPA Australia supports the intent of tightening the rules for individual loans but has concerns about the proposed changes.

Division 7A tax law changes will hurt business investment


Tax evaders should be feeling the net closing

Net closing on tax evaders


Data from Deloitte Access Economics estimates that GDP per person in Australia is close to A$5000 higher due to the digital economy.

Digital economy raises tax questions


Many firms undergoing transformation overlook including their clients in the process, and ultimately end up imposing their changes without external consultation.

Include clients in your transformation journey: ATO


Despite a slow start, the number of electric cars on Australian roads is set to increase significantly.

Electric cars pose threat to tax revenue


The bright-line test is a clearly defined rule that leaves little or no room for varying interpretations.

Understanding the bright-line test


The ATO is working on solutions to help smaller employers meet their STP obligations next year.

ATO seeks to streamline STP for small entities


We live in a highly digitalised society, where the concept of “public image” has a completely different meaning than it used to.

Pros and cons of 'fame tax' on celebrity image rights


Like what you're reading? Enter your email to receive the fortnightly INTHEBLACK e-newsletter.