Taxation

Tax agents: Know your lane to stay out of trouble


Any business can fall victim to a cyber attack, but the risk can be reduced by investing in the right technology, starting with an email security system.

How to keep cyber threats at bay


As of July 2021, more than 130 Inclusive Framework member jurisdictions have committed to a two-pillar solution, with a detailed implementation plan to be finalised by October 2021.

Addressing the tax challenges of digitalisation


Since the completion of the 2019 National Tax Clinic pilot, the program has continued on a year-by-year sponsorship basis.

Free tax clinics offer support to financially vulnerable


Tax audit claim stats all accountants in Australia will want to know


Instead of having to dig into their cash flow to pay their tax liability by the due dates, businesses have the option of delaying parting with their funds by using the services of non-bank intermediaries known as tax poolers.

Can tax pooling work in Australia?


Foreign exchange: the overlooked business essential


JobKeeper ends but ATO audit activity on the program to continue


The discovery of double Irish Dutch “sandwich” structures used by some multinationals to circumvent tax laws brought the discussion into the public consciousness.

Do big businesses pay their fair share of tax?


Some economists insist that reforming the tax system is the only way to pull the nation back from the brink of economic disaster.

Is it time for tax reform?


2020 saw a lot of audit activity by the Australian Taxation Office and State Revenue Offices. Here are four of the most frequent claim types from the 2019/2020 financial year.

What does 2021 have in store for ATO audit activity?


CPA Australia and its members engage in informed debate on tax issues that can be broadly categorised under policy, legislation, administration and operations.

The role of CPA Australia in tax policy


COVID-related scenarios can rapidly change, so organisations need to ensure their plan is relevant and addresses all factors.

Untangling COVID-19 workplace requirements


There are going to be a lot of practices under even more pressure because clients are going to come in early and want their tax return completed.

Heavy lifting: Why tax time this year is more taxing


Clear documentation related to the nature of payments to directors and the commercial basis of any changes is important in the event of ATO enquiries.

Time to review long-held practices for directors’ fees


As tax agents have begun meeting with their clients, many are checking income received from the stimulus measures as part of income tax return discussions.

Tax time 2020: Economic stimulus and tax whistleblowers


People in business need to consciously maintain their mental wellbeing and the usual commonsense approaches still apply.

Stress management: COVID-19, tax time and the sum of our fears


This year, the ATO has introduced a shortcut method to claim deductions between 1 March 2020 and 30 June 2020 for work from home expenses at A80 cents per hour.

Dealing with disruption: Tax time and COVID-19


With COVID-19 also resulting in many of us working from home more often or even for the first time, the Australian Taxation Office (ATO) has announced a new shortcut method for work-from-home deductions.

How public practitioners can get ready for tax time


Discretionary trusts are on the Australian Taxation Office’s (ATO) radar as the regulator steps up its efforts to clamp down on tax avoidance.

Discretionary trusts in the ATO spotlight


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