by Shared by AccountantsDaily | Sep 21, 2018 | News
The tax office said it will strive to recover an annual shortfall of nearly $1.4 billion caused by individuals who leave income out of their tax returns, as part of its broader plan to recoup the $8.7 billion individual tax gap it revealed earlier this year.Read the...
by Shared by AccountantsDaily | Sep 20, 2018 | News
The federal opposition announced this morning that, if elected, it will introduce superannuation guarantee (SG) payments on the 18 weeks of government paid parental leave (PPL) and phase out the $450 monthly pay threshold for eligibility for SG payments.Read the full...
by Shared by AccountantsDaily | Sep 19, 2018 | News
Speaking on the ATO’s tax professionals webcast, ATO assistant commissioner Colin Walker said the tax profession would need “adaptive skills” to thrive in the future as it learns to juggle data analytics. Read the full article at Accountants Daily.
by Shared by AccountantsDaily | Sep 18, 2018 | News
Speaking on the ATO’s tax professionals webcast, assistant commissioner Andrew Watson said the beta test group has now been expanded to 600 agents since it first began beta testing in December 2017.Read the full article at Accountants Daily.
by Shared by AccountantsDaily | Sep 17, 2018 | News
Accountants Daily can reveal that 60 per cent of the 112,000 tax returns that were corrected by the ATO in July and August this year were lodged by tax agents.Read the full article at Accountants Daily.