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Government fixes surprise taxes with death benefits

Government fixes surprise taxes with death benefits

by Shared by AccountantsDaily | Nov 1, 2018 | News

Assistant Treasurer Stuart Robert has now stated that the government will be changing the law to make sure that death benefits that include life insurance proceeds are not subject to tax when they are rolled over to a new superannuation fund.Read the full article at...
ATO claims stellar digital performance, but satisfaction dips

ATO claims stellar digital performance, but satisfaction dips

by Shared by AccountantsDaily | Oct 31, 2018 | News

The ATO has released its annual report for the 2017–18 year, with community satisfaction with tax office performance at 71 per cent, four percentage points lower than the 2016–17 result and the target of 75 per cent.Read the full article at Accountants...
Industry welcomes ABN trading name extension

Industry welcomes ABN trading name extension

by Shared by AccountantsDaily | Oct 30, 2018 | News

The government has decided to extend the display of trading names on the ABN Lookup from 1 November 2018 to 31 October 2023.Read the full article at Accountants Daily.
‘A bad look’: ATO speaks up on Federal Court ruling

‘A bad look’: ATO speaks up on Federal Court ruling

by Shared by AccountantsDaily | Oct 29, 2018 | News

Fronting the Senate Estimates yesterday, ATO commissioners, including Chris Jordan, were put under the spotlight by Senator Eric Abetz on the Pintarich v Deputy Commissioner of Taxation case.Read the full article at Accountants Daily.
Over 100 SMSFs to be investigated in auditor number crackdown

Over 100 SMSFs to be investigated in auditor number crackdown

by Shared by AccountantsDaily | Oct 26, 2018 | News

In an online update, the ATO has warned SMSF trustees on the importance of ensuring they include the correct registered SMSF auditor number on the SMSF annual return and only lodging the annual return after the audit is completed.Read the full article at Accountants...
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