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How the ATO is nudging Australians to pay more tax

How the ATO is nudging Australians to pay more tax

by Shared by The Sydney Morning Herald | Aug 15, 2018 | News

Tax authorities worldwide have worked out that a nudge – rather than a kick in the guts – is a good way to encourage voluntary compliance, especially since most people  don’t deliberately try to do the wrong thing.Read the full article at the Sydney...
$2.6 trillion super industry to face royal commission grilling

$2.6 trillion super industry to face royal commission grilling

by Shared by The Sydney Morning Herald | Aug 6, 2018 | News

Seven “retail” funds, the for-profit funds run by the banks and insurers, and seven not-for-profit funds have been called to give evidence over the next two weeks.Read the full article at the Sydney Morning Herald.
’Raising the bar’: Banks vow to be more ethical under new code

’Raising the bar’: Banks vow to be more ethical under new code

by Shared by The Sydney Morning Herald | Aug 1, 2018 | News

The Australian Securities and Investments Commission (ASIC) on Tuesday approved a rewritten code of conduct for banks, which is part of the industry’s attempt to win back customers’ trust after a run of scandals, and fierce political pressure including the royal...
ATO no ’model litigant’, small businesses tell Senate inquiry

ATO no ’model litigant’, small businesses tell Senate inquiry

by Shared by The Sydney Morning Herald | Jul 31, 2018 | News

In submissions to a Senate inquiry examining whether the laws should be amended to increase rights of taxpayers, they say the ATO fails to fulfil its Model Litigant Obligations.Read the full article at the Sydney Morning Herald.
ATO warns over honesty of cash-only businesses

ATO warns over honesty of cash-only businesses

by Shared by The Sydney Morning Herald | Jul 24, 2018 | News

A survey of 1049 people in April by Colmar Brunton for the ATO found nearly half of those surveyed feel inconvenienced when they don’t have the option to pay electronically.Read the full article at the Sydney Morning Herald.
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