The Australian Tax Office regularly flags tax compliance issues it has under the microscope. But don’t think if an issue is not on that list…
Terry Hayes is the editor-in-chief of tax news reporting at Thomson Reuters, a leading Australian provider of tax, accounting and legal information solutions.
The Australian Tax Office regularly flags tax compliance issues it has under the microscope. But don’t think if an issue is not on that list…
Are tax changes needed to help childcare? The simple answer for many would be “yes”. But it’s not that simple. Childcare in all its forms h…
Husband and wives often regard themselves as jointly owning the assets each possesses. “What’s mine is yours” and vice versa. In a happy rel…
Company directors must meet a wide range of obligations under the Corporations Law and also under taxation law. There are plenty of traps to…
With the ATO’s information-gathering powers seemingly ever-expanding, the “long arm of the law” is taking on a whole new meaning. But that l…
Small Business Minister Bruce Billson has announced measures he said will remove red tape barriers for small businesses and their owners. Bi…
In general terms, the tax law contains provisions that allow taxpayers to, in effect, get out of paying their tax bill if they can prove tha…
In general terms, in order to claim input tax credits (ITCs) under the GST system, an enterprise must be carried on. This can be a tricky is…
The government says it is committed to establishing a Small Business and Family Enterprise Ombudsman “with real power”. It has now relea…
Under the capital gains tax laws, taxpayers can be entitled to small business capital gains tax concessions which can, depending on the circ…
Despite what you may think, that is not a rhetorical question. The Australian Tax Office is a large federal government agency that comprises…
The Tax Office is a powerful agency. It has to administer Australia’s very complex tax laws and carry out compliance checks to ensure taxp…
