Tax

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The Tax Avoidance Taskforce has recently been expanded by the ATO to private groups and high wealth individuals. Originally conceived in 2016 to […]

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The expansion of the Reportable Tax Position (RTP) schedule to large private companies and corporate tax groups have been shelved by the Tax […]

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] To combat the use of cash in black economy activities, the government has introduced a law which will implement an economy-wide cash payment […]

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The ATO now has another “stick” in its arsenal to get businesses to engage with it and manage outstanding tax debts. Laws have […]

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] In a decision that was hailed by various media outlets as monumental, the Federal Court’s decision that a backpacker would not have to […]

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The ATO recently issued an alert on its concerns over trusts avoiding CGT by exploiting restructure rollovers. Specifically, it is actively reviewing arrangements […]

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] As this year’s tax time comes to a close, the ATO has warned that it will scrutinise every individual tax return lodged to […]

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Did you know that when you sell your shares, the size of your capital gains tax (CGT) bill is affected by how long […]