Inquiry clears ATO boss over the withholding of JobKeeper details
Tax commissioner Chris Jordan has been cleared by a parliamentary committee after a senator claimed he acted with contempt over refusing an order to provide details about businesses receiving JobKeeper.
Small business to save $5 billion in taxes over two years, says Treasurer
Treasurer Josh Frydenberg is drawing battle lines around tax policy ahead of the upcoming federal election, revealing that existing tax cuts will save small business $5 billion over two years.
Tax office to roll out warning function, targeting SMEs with unusually high deductions
The tax office plans to roll out a new warning function that will alert small businesses to review their tax deductions if they are unusually high.
ABN change could boost eligibility for government grants, but Melbourne business owner says problems remain
The process for applying for government support payments could soon be easier for small businesses across the country, thanks to a change in how businesses can register for business categories or ANZIC codes.
Bruce Billson backs calls to improve ATO handling of small business disputes
The small business ombudsman is backing calls for the tax office to better inform SMEs of their rights, after a report found many tax professionals and business owners think communications are ineffective.
ATO pauses some compliance activities for businesses in lockdown
The ATO has hit pause on some of its ‘firmer’ debt and lodgement activities for businesses “adversely impacted” by ongoing COVID-19 lockdowns.
ATO is chasing debts as lockdowns continue, but is it making a bad situation worse?
Australia’s latest lockdowns pose a challenge for the ATO: start collecting the business debts outstanding from 2020 and risk putting companies under further pressure, or allow those debts to continue to grow.
SMEs have less than one week to switch from the ATO’s business portal to online services
SMEs now have less than one week to make the switch from using the ATO's business portal to the new online services for business platform.
Tax agents hit by ATO service disruptions as EOFY looms
During what is perhaps their busiest time of the year, some tax and BAS agents have been unable to access all of the ATO’s online services.
It’s tax time again: Here’s what has changed for tax deductions thanks to COVID-19
At this time of year, tax deductions are front of mind. Here are some changes to keep in mind due to the COVID-19 pandemic.
The ATO is switching off its business portal in July. Here’s what SMEs need to know
The Australian Taxation Office has switched on its new online services platform for SMEs and will soon retire the business portal it is replacing.
New R&D Tax Incentive portal to be one-stop-shop for businesses
A new portal for the federal government’s R&D Tax Incentive will provide a one-stop-shop for managing companies’ registrations and applications online.