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.
ATO guidance imminent as JobKeeper rules land
Following the new rules for JobKeeper 2.0 being released by the Treasurer on Tuesday, the ATO is now expected to release its own guidance and...
Support service extended for SMSFs with commutation authorities
As part of its COVID-19-related support, the ATO implemented a temporary email service for SMSF trustees and their tax agents to help where a...
Treasurer registers JobKeeper 2.0 legislative instrument, setting out the rules
According to the explanatory statement of the Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 8), the rules...
Government rules out ‘adverse tax changes’ to super in budget
Following speculation that the government may look to implement major changes to the taxation of super in the federal budget this year, Senator...
ATO flags SMSF auditor priorities for FY2021
ATO SMSF auditor portfolio director Kellie Grant explained that the ATO has for now suspended its auditor programs, which are the review it...
ATO reveals jump in contraventions reported for FY20
ATO director Kellie Grant stated that during the 2018-19 financial year, the ATO received auditor contravention reports (ACRs) reporting 27,925...
ATO complaints going nowhere: Tax watchdog probes discrepancy
Inspector-General of Taxation Karen Payne has revealed that her office received 903 complaints over the last financial year where the ATO said it...
Pension payment guidance causing confusion for mixed-account SMSFs
SMSF Association deputy chief executive Peter Burgess said following the reduction to minimum pension amounts for most pensions announced in...
ASIC refuses to back down from disqualification decision
Queensland tax agent John Gilliland had his registration as an approved SMSF auditor torn up by ASIC in 2018, after the corporate regulator found...
Businesses given leniency on PAYG variations due to COVID
The ATO said it won’t be applying penalties and interest for excessive PAYG instalment variations due to the “exceptional circumstances...



















