The Tax Institute is calling on the government to make crucial reforms to support a stronger and fairer tax and superannuation system.
The accounting body is warning taxpayers to be wary of scams in the form of emails, text messages and other communications this upcoming tax time.
The Administrative Review Tribunal has ruled that amended assessments which increased a taxpayer’s assessable income by around $920,000 were not excessive.
Tax professionals can provide significant value to clients by providing guidance on the structures and tools they should be using for their philanthropic activities, says the chief executive of Australia Philanthropic Service...
Thousands of Aussies are in critical need of their tax refund as tax time creeps closer, new research from Finder has found.
Tax agents impacted by the NSW floods will now have until 26 June to make lodgments for their clients.
The Greens have said they will work constructively with the Treasurer to ensure the proposed tax for wealthy superannuants is “strong and fair”.
The SMSF Association has called reports the government is open to making changes to the proposed $3 million super tax “encouraging”.
The ATO plans to create new digital tools and services for small business as part of its heightened focus on small business tax compliance.
Greater transparency around how the ATO makes decisions in areas such as GIC remissions would help build further trust in the tax system, the Tax Ombudsman has said.
Australians have been found to be confused about key tax rules and fear making a mistake on their tax return, Xero has revealed.
A BDO survey found that tax compliance was a significant priority for tech CFOs as regulations continue to evolve.
