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Tax advisers urged to get ahead of new tender policies

Tax advisers urged to get ahead of new tender policies

by Shared by AccountantsDaily | Jan 30, 2019 | News

Late last year, the government released a consultation seeking to introduce a new government procurement process that will exclude businesses that do not have a satisfactory tax record.Read more at the Accountants Daily.
Tax concerns prompt new reporting proposals for gig economy

Tax concerns prompt new reporting proposals for gig economy

by Shared by AccountantsDaily | Jan 29, 2019 | News

A Treasury paper released this week explores two different options aimed at implementing a reporting regime to cover sharing economy platforms such as Uber, Airbnb, or Deliveroo, to ensure Australians providing these services are paying the right amount of tax.Read...
Tax Office updates low-cost STP providers list

Tax Office updates low-cost STP providers list

by Shared by AccountantsDaily | Jan 25, 2019 | News

The Tax Office first published its initial list of suppliers late last year, with prominent software providers and a big four firm featuring. Read more at the Accountants Daily.
1,000+ submissions as franking credits inquiry fires up

1,000+ submissions as franking credits inquiry fires up

by Shared by AccountantsDaily | Jan 25, 2019 | News

In September last year, the House of Representatives Standing Committee on Economics announced an inquiry into the implications of removing refundable franking credits after Labor announced the policy in March.Read more at the Accountants Daily.
Rate for home office expenses bumped up

Rate for home office expenses bumped up

by Shared by AccountantsDaily | Jan 24, 2019 | News

The home office running expenses hourly rate has been increased to 52c per hour, up from 45c per hour, effective from 1 July 2018. Read more at the Accountants Daily.
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