TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
Reporting changes under single touch payroll phase 2 revealed
The federal government said in the 2019–20 budget that single touch payroll would be expanded to include extra information. The mandatory start...
Justifying prospective strategies to break through asset segregation intricacies
SuperGuardian education manager Tim Miller said that SMSFs can use segregation to separate the assets of the fund for several reasons, but it can...
‘Don’t cancel your Christmas holidays for STP Phase 2’
Mandatory STP Phase 2 reporting is now set to commence from 1 January 2022, with employers soon required to report additional payroll...
Pension Boost questions Retirement Income Review report outcomes
Paul Rogan from Pension Boost said he wants to see more than just an increase in product offerings for retirees. He noted solutions that...
ATO flags additional updates on information accessible ahead of TBC changes
Speaking on a recent ATO webinar, superannuation director Helen Morgan flagged new updates across the ATO and its online services that advisers...
Accountants foreshadow ATO compliance storm
Last year, the ATO made a “conscious choice” to pause its debt, audit and lodgement work at the height of COVID-19, ultimately contributing to a...
Future of SMSF investment strategies must be ‘trustee-driven’
Speaking at the SMSF Association National Conference, Adam Goldstien, financial adviser at Skeggs Goldstien, said future SMSF investment...
Surgeon denied release of $1.2m tax debt
The Administrative Appeals Tribunal has denied taxpayer ZCSB a discharge of $1.2 million in tax debts after failing to prove that he would suffer...
ATO reveals STP reporting options for closely held payees
The ATO has confirmed that STP reporting for closely held payees will commence from 1 July, after it had granted these employers a one-year...
JobKeeper ruling on backdated ABNs appealed by Tax Office
In December 2020, the Administrative Appeals Tribunal (AAT) handed down its decision in Apted and Federal Commissioner of Taxation [2020] AATA...
