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‘Breach of transparency’: ATO called to disclose lodgement statistics

‘Breach of transparency’: ATO called to disclose lodgement statistics

by Shared by Accountants Daily | Jul 29, 2020 | News

Accountants Daily has confirmed that the ATO will no longer provide lodgement statistics, including the breakdown split between tax agent-prepared returns and returns lodged through myTax, on a weekly basis. Read more at Accountants Daily. 
ATO makes draft ruling R&D tax deductions under JobKeeper

ATO makes draft ruling R&D tax deductions under JobKeeper

by Shared by MyBusiness | Jul 29, 2020 | News

In a new draft determination, Tax Commissioner Chris Jordan said businesses that receive a JobKeeper payment for their paid employees trigger the “at-risk rule”. Read more at MyBusiness. 
Accountants on the frontline: Overcoming COVID through the eyes of the IPA

Accountants on the frontline: Overcoming COVID through the eyes of the IPA

by Maja Garaca Djurdjevic | Jul 29, 2020 | Podcasts

Andrew and Phil are joined by the IPA’s general manager of technical policy Tony Greco, who has worked tirelessly to help accountants on the frontline service their SME clients by carefully wading through government legislation, piece by piece. From comprehensive...
Gold Coast-based deregistered agent jailed for tax fraud

Gold Coast-based deregistered agent jailed for tax fraud

by Maja Garaca Djurdjevic | Jul 29, 2020 | News

The Brisbane District Court has sentenced Gold Coast-based Alana Hodge to three years jail today for fraudulently obtaining $192,140 from the ATO by lodging false BAS statements and amendments without her clients’ knowledge. She was also ordered to pay $158,845 in...
Victorian jobs hit from renewed coronavirus lockdown highlights second wave economic risks

Victorian jobs hit from renewed coronavirus lockdown highlights second wave economic risks

by Shared by the ABC | Jul 28, 2020 | News

Bureau of Statistics figures show the number of people employed on payroll fell 1.1 per cent between mid-June and mid-July, with the fall double that in Victoria. Read more at the ABC. 
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