by Keeli Cambourne | Feb 8, 2022 | News
“We are increasingly concerned that criminals are committing tax refund fraud by stealing data and impersonating taxpayers,” ATO deputy commissioner, William Day, said. “Protection of privacy and information is important for all Australians. Tax Practitioners have a...
by Shared from SMSF Adviser | Feb 8, 2022 | News
In its pre-budget submission, the Association of Superannuation Funds of Australia (ASFA) said the government should focus on improving equity in the superannuation system by reducing the amount of tax concessions going to individuals with a relatively high income or...
by Keeli Cambourne | Feb 7, 2022 | News
Additionally, this will also mean fringe benefits tax will not be incurred by employers if they provide COVID-19 tests to their employees for this purpose. Treasurer Josh Frydenberg’s clarification follows concerns raised by industry leaders on the issue of tax...
by Keeli Cambourne | Feb 7, 2022 | News
The latest data shows the government spent around $34 billion on goods, services and construction in 2020/21, with almost $8 billion spent with SMEs over the financial year. The new data comes after the government enhanced the way suppliers were classified, resulting...
by Keeli Cambourne | Feb 7, 2022 | News
Treasurer Josh Frydenberg said the review will be completed in the next 12 months and will identify priority sectors for reform, including data and digital innovation and workforce skills. “I know that the business sector will actively contribute to this, providing...
