by Slye Joy | Sep 4, 2018 | News
Treasurer Josh Frydenberg said in a statement that assistant treasurer Stuart Robert will be responsible for financial services, and will be assisting across the portfolio on matters including tax legislation and administration.In addition, Mr Robert will be...
by Slye Joy | Sep 3, 2018 | News
Speaking at the National Small Business Summit in Sydney last week, Mr Jordan said the ATO said there are two ambiguous areas that he said that ATO would love to have codified.The first ‘grey area’ is concerned with defining whether a worker within a small business is...
by Slye Joy | Aug 31, 2018 | News
In June, the government released a proposals paper setting out a model for extending UCT protections to insurance contracts.The proposed model involves amending section 15 of the Insurance Contracts Act 1984 (IC Act) to allow the UCT laws in the Australian Securities...
by Slye Joy | Aug 30, 2018 | News
Last year, ATO tax commissioner Chris Jordan said he wanted to address the large number of incorrect claims made for work-related expenses deductions as a means of minimising the tax gap.Earlier this year, the Tax Office flagged a number of key items that small...
by Slye Joy | Aug 29, 2018 | News
Misleading or deceptive conduct remained the issue most commonly reported by small businesses with 1,072 reports between January and June 2018, up seven per cent from the previous six months, according to the ACCC’s latest Small Business in Focus report.The next-most...