by Staff Reporter | Jul 8, 2021 | News
The Australian Taxation Office (ATO) is urging taxpayers to avoid a simple mistake that could keep them and their tax refunds apart. Assistant commissioner Tim Loh said that leaving out income is the number one reason tax returns and refunds are delayed in the middle...
by Staff Reporter | Jul 8, 2021 | News
The Australian Chamber of Commerce and Industry (ACCI) on Tuesday released a new issues report, Payroll Tax: A Handbrake on Jobs & Investment, highlighting the burden that payroll taxes impose on both employers and employees alike. The paper, based on a survey...
by Staff Reporter | Jul 7, 2021 | News
The government has requested that the Board of Taxation review the collections of GST on low value imported goods (LVIG) – first introduced on 1 July 2018, to require suppliers, online platforms and re-deliverers with an Australian GST turnover of $75,000 or more to...
by Staff Reporter | Jul 6, 2021 | News
The countries and jurisdictions, representing more than 90 per cent of global GDP, have agreed a new two-pillar plan to ensure that large multinational enterprises (MNEs) pay tax where they operate and earn profits, while adding much-needed certainty and stability to...
by Staff Reporter | Jul 5, 2021 | News
The Australian Charities and Not‑for‑profits Commission (ACNC) is reminding charities to ensure they maintain eligibility for registration, which includes meeting their obligations to the ACNC and fulfilling their charitable purpose, just days after it was revealed...
