by jlian | Mar 21, 2018 | News
Last month, the ATO released its Operational Framework for Digital Service Providers (DSPs) as part of its response to the business risks and security implications presented by the growth of digital services across the digital economy.In particular, for tax...
by jlian | Mar 19, 2018 | News
Minister for Revenue and Financial Services Kelly O’Dwyer announced the change, saying it would provide the corporate regulator with “greater flexibility”. “A second deputy chair will give ASIC greater flexibility to manage the breadth of ASIC’s new powers and...
by jlian | Mar 16, 2018 | News
Mr Jordan said data from the ATO’s random enquiry program found that the over-claiming of work-related expenses was worse in agent-prepared returns as compared to self-prepared returns.“Some display a lack of competence, or outdated knowledge and practices, or do not...
by jlian | Mar 15, 2018 | News
IPA chief executive Andrew Conway has called for the major political parties to resist “rhetoric designed to attract votes” and instead work towards a comprehensive overhaul of the tax system.Mr Conway’s comments come after Labor announced plans to remove cash refunds...
by jlian | Mar 15, 2018 | News
ATO assistant commissioner Kath Anderson said recent reports to the tax office had identified a new fraud scheme involving scammers demanding bitcoin or other cryptocurrencies as a form of payment for fake tax debts since late last year. “We became aware of scammers...
