Finance

The Australian Taxation Office (ATO) has released new guidelines for fringe benefits tax (FBT) on work vehicles and experts are warning SME …

A US Supreme Court decision paving the way for widespread state-by-state US tax law changes could have ramifications for local Aussie businesses.

The ATO has spent nearly $1 million over three years to assess Australians’ perception of the tax office’s level of “fairness”.

The ATO has this week announced a widespread random crackdown on millions of Australian taxpayers after a tax gap of over $8.7 billion was uncovered.

A back-log of highly-anticipated tax changes are yet to be passed by the Senate, created uncertainty for small business owners.

Come Sunday, there are some important changes to Australia’s goods and services tax (GST) and how it will apply to overseas retailers and suppliers. 

The skies are dark, the sales are on, and every ringing phone strikes fear into the hearts of Australia’s accountants. Yep, it’s that ti…

Opposition leader Bill Shorten has promised to repeal legislated tax cuts for companies with $10 million to $50 million in annual turnover.

In an unexpected move, the Australian Greens party have attempted to push an amendment to the highly popular instant asset write-off for small businesses through the House of Representatives, seeking an additional write-off scheme with a higher expenditure limit for clean energy assets.

The federal government has passed the largest ever set of income tax cuts through the Senate unamended, bringing tax relief for all Australians earning over $19,000, including the majority of small business owners.

The deputy president of Australia’s Administrative Appeals Tribunal (AAT) has urged the tax office to reconsider a “harsh and unfair” …

The Australian Taxation Office (ATO) has been accused of being a “dictator” and “a pack of bullies” in a Senate Committee hearing ye…