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ATO boss points to ‘misunderstanding’ in tax agent frustrations

ATO boss points to ‘misunderstanding’ in tax agent frustrations

by Shared by AccountantsDaily | Nov 8, 2018 | News

Mr Jordan has long heralded a shaky future for “high-volume, low-margin, simple tax returns,” and he reiterated that message in Sydney yesterday at the World Congress of Accountants. Read the full article at Accountants Daily.
‘I want grace’: Assistant Treasurer fields tax agents’ ATO gripes

‘I want grace’: Assistant Treasurer fields tax agents’ ATO gripes

by Shared by AccountantsDaily | Nov 7, 2018 | News

At the IPA’s National Congress last week, Assistant Treasurer Stuart Robert fielded a question from an audience member who complained of the poor culture at the ATO. Read the full article at Accountants Daily.
ATO surveillance sees hundreds of SMSF ABNs cancelled

ATO surveillance sees hundreds of SMSF ABNs cancelled

by Shared by AccountantsDaily | Nov 6, 2018 | News

ATO assistant commissioner Dana Fleming said that as part of the ATO’s compliance program called “secure the front door”, the ATO applies an analytical model to all SMSFs at the time of set-up, which identifies whether there are any risks or red flags with the...
Methodical care needed with small biz CGT concessions: Tax expert

Methodical care needed with small biz CGT concessions: Tax expert

by Shared by AccountantsDaily | Nov 5, 2018 | News

Tax Partner principal Tom Delany said that despite the expectation and pressure from small business clients to obtain the CGT concessions, practitioners needed to pay attention to even the most basic conditions. Read the full article at Accountants Daily.
Call for crackdown increases amid client loss

Call for crackdown increases amid client loss

by Shared by AccountantsDaily | Nov 2, 2018 | News

Speaking to Accountants Daily, Anderson Tax and Consulting director Debra Anderson said she has lost eight clients over the last two months because she was unwilling to put through a claim that was unwarranted. Read the full article at Accountants Daily.
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