by Shared by The Australian and Accountancy Age | Oct 25, 2018 | News
ATO deputy commissioner James O’Halloran, who is in charge of the department’s superannuation division, told a Senate estimates hearing he had mistakenly believed the tax office had the discretion to waive penalties to businesses that came forward and declared they...
by Shared by The Australian and Accountancy Age | Oct 11, 2018 | News
The Morrison government will bring forward tax cuts for businesses with turnover of less than $50 million from 2026-27 to 2021-22, bringing the rate down to 25 per cent five years earlier than originally planned.Read the full article at The Australian.
by Shared by The Australian and Accountancy Age | Oct 10, 2018 | News
The Australian Taxation Office has launched Federal Court action against Mr Bogiatto, who was struck off as a tax practitioner last year, seeking a penalty of up to $5m from the accountant and his company over allegedly bogus R&D tax incentive claims it made for...
by Shared by The Australian and Accountancy Age | Oct 9, 2018 | News
We are now looking at a clear breakdown in bank corporate management systems. Read the full article at The Australian.
by Shared by The Australian and Accountancy Age | Oct 3, 2018 | News
After new rules came into force in July last year which introduced a range of “caps” on both pension contributions and tax free pension income, the ATO openly warned that investors using the “reserves” system to avoid new super “caps” could face trouble.Read the full...
