Taxation

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


India is experiencing an e-commerce boom as start-ups emerge and consumers jump on the digital bandwagon.

India's road to global economic powerhouse is paved with reform and innovation


As people age and retire they not only stop paying income tax but increasingly direct their spending to categories which do not attract GST.

Workers the losers as consumption taxes shrink


A random sample of 858 tax returns found an error rate of 72 per cent, with agent-prepared returns with an error rate of 78 per cent.

Work-related expense claims the main culprit as tax gap puts focus on tax agents


A measure intended to improve local housing affordability runs the risk of penalising Australians taking postings abroad.

Looming tax bills for expatriates


The following tax tips may help you to legitimately reduce your tax liability in your 2017-18 return.

14 tax tips for self-preparers


Get a jumpstart on the next financial year with these 11 EOFY resolutions.

11 EOFY resolutions no small business should do without


8 tax hacks to help students navigate the end of financial year.

8 tax hacks for students


Make sure you are across these small business tax tips for 2018.

15 small business tax tips for 2018


This year the ATO has already contacted one million taxpayers to address non-compliance surrounding work-related expenses.

Tax office cracks down on work-related expense claims


Bitcoin and other cryptocurrencies are the latest in a long line of weapons that fraudsters are using to prey on the vulnerable.

Beware of bitcoin fake tax debts scam


With the Budget delivered, what is in the fine print?

Budget 2018: Finance items in the fine print


Federal Treasurer Scott Morrison hands down his third Federal Budget in the House of Representatives at Parliament House in Canberra. (AAP Image/Dean Lewins)

Federal Budget 2018: This year’s winners and losers


As more drivers switch to battery-charged vehicles, could the fuel excise revenue stream start to dry up?

Are electric car owners getting a free ride on the taxpayer?


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