Tax agents have expressed concern that the ATO is taking longer to respond to requests for general interest charge (GIC) remission following changes to the GIC remission process in January. In January ...
The legislation, due to take effect on 1 July 2026, means businesses will have to make super deposits more frequently and according to pay structures - whether this is monthly, fortnightly or weekly.
Superannuation industry bodies have welcomed the passage of the reforms to the low-income superannuation tax offset (LISTO) through parliament, which increases the maximum LISTO refund from $500 to ...
If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later. The Australian Taxation Office (ATO) ...
The federal government’s plan to introduce a $1,000 instant tax deduction from 2026-27 is being pitched as a way to make tax time "easier, faster, and better". With the promise of "six clicks" to ...
Independent member for Wentworth, Allegra Spender, has outlined a proposal to rebalance Australia's personal income tax system in a tax white paper released on Wednesday. In a National Press Club ...
Australian Philanthropic Services has cautioned that the government's decision to raise the minimum distribution rate for Private Ancillary Funds (PAFs) from five to six per cent and for public ...
This week on UTH, Emma is joined in the studio by Ben Johnston, director of Johnston Advisory, to talk through the challenges and highlights of advising unconventional clients, including entrepreneurs ...
Amid the profession’s critical talent shortage, CA ANZ has launched a new program designed to make the chartered accountant designation more accessible and achievable. The program was designed as ...
“Our goal is to empower accounting practices with the best tools, resources, and support, enabling them to thrive,” says Dean Chadwick, Chief Marketing Officer, MYOB. So, what’s the MYOB Partner ...
Recent action in the ATO’s Operation Protego has sentenced four people to imprisonment for their part in GST fraud, two of whom were Tax Office employees at the time. The ATO revealed it had and would ...
Late last week, the ATO published the final practical compliance guideline for personal services businesses and Part IVA of the Income Tax Assessment Act 1936 (PCG 2025/5) to highlight what will be ...