Opposition is building to proposals to limit the tax deductibility of providing tax advice, with CPA Australia members raising concerns about unintended consequences for individuals and small businesses.
The Australian Taxation Office’s campaign on work-related expenses has seen a jump in tax agents reported to the Tax Practitioners Board.
Australian accountants lagging in their various tax obligations are being put on notice.
Changes to Australian tax law affecting how business owners can make loans from private companies could discourage investment.
Closer collaboration between tax authorities around the world is closing the net on tax evaders and the intermediaries who enable their activities, the World Congress of Accountants (WCOA) heard on 6 November.
The rapid rise of the digital economy has raised a critical question for governments: how to devise a taxation regime that provides revenue without reducing the benefits that come from digitalisation.
Transforming organisations should actively involve all stakeholders in the journey, ATO deputy commissioner James O’Halloran tells CPA Congress in Melbourne. And that includes clients.
Electric cars might represent the future of road transport, but they also pose a significant taxation and funding dilemma for governments.
Would a bright-line test provide certainty in tax law – or could it erode PAYG?
The ATO is proactively working to help practitioners with smaller clients resolve some of the unique challenges they face with single touch payroll (STP) reporting.
The May Federal Budget announced that from 1 July 2019, celebrities and other famous people will no longer be allowed to license their fame or image rights to another entity, and potentially reduce their tax rate.
India's economic growth has been propelled by government reforms, business innovation and a dynamic young workforce.
The Parliamentary Budget Office report into Australia’s future tax base paints a picture of declining revenues and increasing demands on the public purse.
A small number of tax agents will be subject to increased scrutiny by the Australian Taxation Office.
Australians who work or retire abroad face higher – and possibly retrospective – tax bills if they sell their Australian homes. Accountants may need to warn clients.
Do you know the tax deductions and offsets for which you might be eligible as a self-preparer? The following tax tips – work-related expenses, rental property deductions, cryptocurrencies and more – may help you to legitimately reduce your tax liability in your 2017-18 return.
The end of a financial year is a good time to set business resolutions for the start of the next financial year. To jumpstart your planning, CPA Australia has put together 11 resolutions no small business should do without.
Lodging a tax return can seem daunting for students. Parents who may be helping to navigate these uncertain waters can also find it challenging. To help, CPA Australia has put together eight tax hacks for students for the year ending 30 June 2018.
Small businesses may be eligible for a range of tax benefits. CPA Australia has put together the following tax tips to help small businesses.
The Australian Taxation Office (ATO) is targeting work-related expense claims - and literally going through dirty laundry bills in a crackdown.