New bill to ‘protect workers and entitlements’

New bill to ‘protect workers and entitlements’

Minister for Jobs and Industrial Relations Kelly O’Dwyer said the move was necessary to attack abuse of the Fair Entitlements Guarantee (FEG), which is funded by taxpayers, so that employees are not left high and dry when their employer falls into insolvency and is...
Automatic tax returns could become reality

Automatic tax returns could become reality

The House of Representatives standing committee on tax and revenue’s inquiry into the Taxpayer Engagement with the Tax System has laid out 13 recommendations in a bid to simplify the Australian tax system.Read the full article at My Business.
Tax cut alternatives floated amid Senate stalemate

Tax cut alternatives floated amid Senate stalemate

With the second tranche of tax cuts for businesses over $50 million shot down in the Senate last month, the government has announced that it will not be taking the policy to the next election, instead focusing on accelerating tax cuts for small to medium-sized...
$53m worth of tax time errors detected so far

$53m worth of tax time errors detected so far

In July and August, close to 5.8 million tax returns were lodged by either tax agents or by taxpayers themselves, with over $11.9 billion in refunds processed, $270 million more compared to the same time period last year.Read the full article at My Business.