ASBFEO backs new parental leave scheme

ASBFEO backs new parental leave scheme

On Tuesday, Minister for Women Kelly O’Dwyer announced its Women’s Economic Security Statement, with $109 million to be invested over four years. Under the new policy, parents will be allowed to take a minimum 12-week block within the first year before becoming...
Phoenix operator sentenced following ATO investigation

Phoenix operator sentenced following ATO investigation

The District Court of Western Australia convicted business owner Sung Jae Cho of 20 charges under the Criminal Code, including obtaining a financial advantage by deception between 2004 and 2007, the ATO said in a statement. Between 1997 and 2009, Mr Cho operated a...
ATO flags bitcoin scam as tax deadline nears

ATO flags bitcoin scam as tax deadline nears

The ATO said payments through bitcoin ATMs have now overtaken iTunes vouchers as the most common method of scam payment. With the 21 November deadline looming for taxpayers needing to make a payment to the ATO, assistant commissioner Kath Anderson said November is a...
Franking credits proposal opposed, inquiry opens

Franking credits proposal opposed, inquiry opens

The inquiry from the House economics committee is set to begin public hearings in Melbourne next week. IPA chief executive Andrew Conway said the inquiry will heighten community understanding of a well-established feature of Australia’s taxation system....