by Keeli Cambourne | May 25, 2022 | News
Clients need to firstly find out if the not-for-profit organisation is set up to accept crypto assets and then transfer the crypto assets into the recipient’s legal name. To claim a tax deduction for a gift or donation of a crypto asset, it must meet the gifts and...
by Shared from accountantsdaily.com.au | May 25, 2022 | News
Routine verification checks for many who deal with the ATO constantly tie up hours of lawyers and tax agents’ time but lead nowhere when the amount exceeds the threshold. Read more at Accountants Daily
by Shared from Yahoo Finance | May 25, 2022 | News
ATO second commissioner, client engagement group, Jeremy Hirschhorn said the most recent estimates from the ATO showed the country was around 93 per cent tax compliant. Read more at Yahoo Finance
by John Maley, The Access Group | May 25, 2022 | Blog
We’ve all seen the long list of big names called out for underpaying workers, from celebrity chefs to the country’s biggest employers – Qantas, Coles, Woolworths, NAB, CBA, Super Retail, the AB, and even – allegedly – some of our biggest law firms1. It’s a...
by Alia Lum Partner, Tax Policy & Regulatory Engagement Lead, KMPG | May 24, 2022 | Blog
The ALP’s pre-election tax policy commitments fall into three broad categories: additional funding to extend and boost Australian Taxation Office (ATO) review and audit programs. new measures targeting large multinationals, including tax transparency requirements; and...