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.
ASIC fires up over agent ‘advice’
In a letter to the Real Estate Institute, ASIC warned that some real estate agents were advising tenants to apply for early release of their...
ATO pushed on urgent guidance
With a large part of the government’s $214 billion economic stimulus package to be administered by the ATO, the profession has now called for...
Insurers to offer 6-month payment deferral to small business
The authorisation applies to Suncorp, Allianz and QBE Insurance, as well as any other insurers or insurance brokers who choose to take part, as...
Tax expert seeks immediate government clarification on a number of COVID-19-related issues
Tracey Dunn, associate director at RSM Australia, has called for clarification of a number of issues, including cash boost for business, Divison...
Super is no ‘sacred cow’, minister warns
The Morrison government recently announced measures to aid workers through the coronavirus outbreak by allowing individuals experiencing...
COVID-19 rent relief has LRBA complications
Earlier this week, the Australian Taxation Office said it would not be taking action where an SMSF gives a tenant a temporary reduction for the...
AAT confirms longstanding agent registration termination
The Administrative Appeals Tribunal has affirmed the Tax Practitioners Board’s decision to terminate the tax agent registration of Richard...
ATO reveals auditor number misuse figures for 2017 and 2018
In July 2019, the ATO said it reported the preliminary findings of its mail-out to SMSF auditors for SMSF annual returns (SARs) for the 2017...
Noose is tightening on property holders
First there were the changes in the deductibility rules for property investors. Travel claims for certain investors were no longer deductible....
Ticking deadline on SG amnesty faces worst-case scenario
With the SG amnesty now legislated and running to a six-month deadline to 7 September 2020, Tax & Super Australia senior tax counsel John...
