by Shared by AccountantsDaily | Jan 18, 2019 | News
In March last year, the federal opposition announced plans to remove cash refunds for excess dividend imputation credits.Read more at the Accountants Daily.
by Shared by AccountantsDaily | Jan 17, 2019 | News
Last month, the TPB announced the launch of a debt and lodgment project for tax practitioners who have personal tax debts with no payment plans, and outstanding lodgments including their income tax and SMSF annual returns.Read more at the Accountants Daily.
by Shared by AccountantsDaily | Jan 16, 2019 | News
The Tax Office has put out an alert noting that it has identified an issue where some SBSCH contribution transaction request (CTR) messages since 2 January 2019 did not reach gateway service addresses.Read more at the Accountants Daily.
by Shared by AccountantsDaily | Jan 16, 2019 | News
According to the TPB, an ATO audit into the tax agent company’s lodgments saw the Tax Office make adjustments to 15 clients, with a tax shortfall of $101,653, penalties of $20,576, and an average adjustment to assessable income of $17,669 for each client.Read more at...
by Shared by AccountantsDaily | Jan 15, 2019 | News
In May 2017, Labor announced that it would seek to introduce a cap on managing tax affairs if it came into government, in a bid to raise $1.8 billion over a decade.Read more at the Accountants Daily.