GIC impositions soared to $9.4bn in FY2025, ATO data reveals

Tax • By Emma Partis

The ATO’s collection of tax debt interest charges has climbed sharply since the pandemic, prompting complaints and ...

Tags: News, ato, Data

National climate risk assessment unveils stark physical and economic risks

Profession • By Emma Partis

The government’s first climate risk assessment has predicted that climate change will lead to reduced productivity, ...

Tags: News

OECD report finds global shift towards revenue raising as fiscal pressures grow

Profession • By Emma Partis

Growing health expenditures and ageing populations prompted many countries to focus on raising more tax revenue in ...

Tags: News

PwC launches 7 new AI agents to support uptake of enterprise AI

Profession • By Emma Partis

PwC Australia has launched a series of agentic AI-powered professional services solutions in a bid to support the ...

Tags: News

‘Highly vocal and very politically sensitive:’ Exploring the Div 296 super tax backlash

Tax • By Emma Partis

A superannuation expert delves into the controversial aspects of the Div 296 super tax and the fierce industry response ...

Tags: News, tax

New ATO PCG on thin capitalisation ‘acknowledged’ industry concerns, BDO says

Tax • By Emma Partis

The ATO’s new practical compliance guide (PCG) on thin capitalisation and debt creation rules acknowledged industry ...

Tags: News, ato

ATO not getting complacent, despite high corporate tax compliance rates

Compliance • By Emma Partis

The ATO has celebrated high voluntary corporate tax compliance, but said that maintaining high compliance would remain ...

Tags: News, ato, tax, compliance

Greens endorse net cash flow tax proposal after BCA backlash

Tax • By Emma Partis

The BCA has hit out at a Productivity Commission proposal to introduce a net cash flow tax, while the Greens say it’s ...

Tags: News, tax, Greens

As compliance costs rise, are family trusts still worth the bother?

Compliance • By Emma Partis

As the ATO ramps up its scrutiny of family trusts, Peter Bardos, partner at HLB Mann Judd Sydney, has delved into the ...

Tags: News, compliance, costs, family trust