The recent Bendel decision is likely to have implications for how the ATO administers section 100A in relation to unpaid present entitlements, a tax expert has warned.
Dealmakers could be impacted by rapidly evolving market, says M&A expert
Imogen Wilson | 27 March 2025
Mid-market dealmakers are “cautiously optimistic” for the year ahead based on economic and political uncertainty, an ...
Tax agents desperate for ATO phone line overhaul, says NTAA
Imogen Wilson | 26 March 2025
The ATO’s tax agent phone line fails to deliver the professional support tax agents need and expect, the National Tax ...
Government super policies stifling young Australians: CCO
Keeli Cambourne | 26 March 2025
The government’s focus should be on enabling upward mobility, not on policies that stifle growth and divide ...
Tax
The accounting industry has slammed the budget for its lack of ambition and called for a clearer roadmap on tax reform.
Mischaracterisation of information and poor recordkeeping are leading to costly errors with capital gains tax among Next 5,000 groups, the ATO has cautioned.
Practitioners will need to be proactive to keep up with thin capitalisation legislation changes, BDO has warned.
Businesses often underestimate their eligibility for R&D tax incentives and miss out on the benefits, according to RSM.
Policy think tank the Grattan Institute has called for meaningful tax reform to address long-term budget challenges.
Income tax laws are set to be amended to ensure investors can continue to access concessional withholding tax rates through managed investment trusts.
The Tax Office will be targeting a number of high-profile tax avoidance risks for large and multinational public businesses this year.
The Commissioner of Taxation has filed a notice to appeal a decision concerning an FBT issue with a car parking facility.
Chief financial officers are re-evaluating their supply chains ahead of incoming tariffs and say they will pass the majority of costs onto customers, a survey has found.
The Federal Court has ruled in favour of the Toowoomba Regional Council in a case examining whether it was liable to pay fringe benefits tax for car parking.