ATO commissioner Chris Jordan calls out businesses that treat tax debts “like a free loan”
Outgoing ATO commissioner Chris Jordan says he is "unapologetic" about the tax office's shift to take stronger action to recover debt from small businesses.
“Give me an example”: ATO chief Chris Jordan says clients need to be specific when making tax complaints
Chris Jordan has warned customers that if they can’t point to a particular process or problem when whinging about their tax experience, it’s going to be a whole lot harder to fix.
Insolvency rates are returning to pre-COVID levels as extraordinary tax office leniency comes to an end
Business insolvency rates are returning to their pre-COVID norms, according to new ASIC data, suggesting leniency offered by the tax office and regulators earlier in the pandemic has come to an end.
ATO warns taxpayers about shady WFH claims, wash sales and more as Aussies try to combat higher living costs
The Australian Taxation Office has warned taxpayers about making false claims to combat the rising cost of living, or engaging in 'wash sales'.
ATO urges business owners to get on top of superannuation changes
The Australian Taxation Office (ATO) has issued a reminder to business owners regarding upcoming changes to superannuation, active as of July 1, 2022.
Major ATO website outage puts accountants on edge ahead of June 5 concession deadline and HECS-HELP indexation
A major Australian Taxation Office (ATO) website outage left small businesses and accountants unable to file claims over the weekend.
ATO warns businesses to be on top of fringe benefits tax as lodgement deadline looms
Fringe benefits tax might just be a problem business owners need to think about, with a May 23 lodgement deadline looming for people not doing their tax paperwork with the assistance of a registered tax agent.
“Some exceptions”, but ANAO finds JobKeeper compliance measures implemented “largely as intended”
More than 1 million entities had JobKeeper applications processed by the tax office team, ANAO says in its report, with almost $89 billion being made.
The ATO is back issuing Director Penalty Notices but payment arrangements are no longer accepted
While the ATO put most overdue tax collection on hold during the pandemic, it has now recommenced some collection activity, including the issuing of Director Penalty Notices.
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.
No more receipt-stuffed shoeboxes: Four ways work-related tax deductions could be simplified
Tax office data has been used to calculate ways that would give a standard deduction to everyone who wants it (and others more, up to a cap) without increasing the total paid out.
Whistleblower Richard Boyle’s prosecution continues after he exposed the ATO’s unethical debt collection practices against small businesses
Boyle is facing life in prison for his role in exposing unethical debt collection practices inside the ATO.
