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.
Taxpayers will foot early release bill: ISA
Industry Super Australia (ISA) has warned that the SG increase must go ahead to avoid “significantly lower” retirement incomes and a spike in the...
Payment times reporting reforms pass through Parliament
The Payment Times Reporting Bill 2020 passed through the Senate on Thursday and awaits royal assent. The bill passed the House of Representatives...
TPB sets out guidance for use of TFNs in email communication
The TPB has prepared a practice note to provide practical guidance and assistance to registered tax practitioners to understand the TPB’s...
Bring-forward measure still stuck in Senate
Treasury Laws Amendment (More Flexible Superannuation) Bill 2020 entered the Senate this week after first being introduced into Parliament in May...
JobKeeper 2.0 passed by Parliament with minor adjustment
The Coronavirus Economic Response Package (Jobkeeper Payments) Amendment Bill 2020 was passed by Senate on Tuesday, extending the government’s...
ATO extends deadline for reviewing market-linked pensions
On 22 June this year,Treasury Laws Amendment (2019 Measures No. 3) Act 2019 (Cth) received royal assent, having retrospective effect to 1 July...
ATO eyes ‘unusual or unexpected’ PAYG cash-flow boost changes
The ATO is concerned that some businesses who have received the $20,000 to $100,000 cash-flow boost have made either an honest mistake or...
Super amnesty deadline looms, businesses face penalties
The legislated SG amnesty gives a one-off amnesty to employers, offering them an opportunity to get up to date with outstanding super payments to...
SMSF trustee ordered to give security for costs for defamation action
The case Ross v Crawford [2020] WADC 117 involved an application to the District Court of Western Australia for security for costs by the...
ATO legal database changes ‘holding very well’
The Tax Office had earlier apologised for the technical difficulties that had been affecting the availability of its legal database for several...
