by Keeli Cambourne | Nov 3, 2022 | News
ASIC deputy chair Sarah Court highlighted the need to protect consumers from financial harm and uphold the integrity of Australia’s financial markets. “This is the first time ASIC has identified particular areas of enforcement focus, which we now expect to do on an...
by Keeli Cambourne | Nov 3, 2022 | News
The report stated the IGTO has 381 dispute investigations on hand (still in progress) as of 30 June 2022 with the majority of complaints received (70 per cent) from self-represented individuals. The remaining complaints came from self-represented businesses (16 per...
by Keeli Cambourne | Nov 3, 2022 | News
In its eighth annual CTT report, the ATO revealed that Australia’s biggest corporations paid more than $68 billion in tax. ATO Deputy Commissioner Rebecca Saint said this year’s report represents 2,468 corporate entities, which paid a combined $68.6 billion in income...
by Shared from The Guardian | Nov 3, 2022 | News
Under the proposed changes, those working from home would not be able to claim expenses such as internet, electricity and mobile separately using the popular shortcut method, which sets out a flat rate for hours worked at home, rather than calculating the actual...
by Keeli Cambourne | Nov 2, 2022 | News
The ATO released its latest report on the Next 5,000 group that found among other things that a high proportion has governance processes and procedures, but most are not documented. As of 31 August 2022, the ATO reviewed around 5,300 transactions, activities and...
