We're coming for you, tax office tells truck drivers
ATO says it will target truck drivers, claiming they are responsible for lodging fraudulent tax claims
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Review trust funds, law firm says
Companies using trust funds warned to review how capital gains are allocated
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ATO warns business to keep good records
The Australian Taxation Office (ATO) is warning businesses to keep good records or face stiff penalties.
The ATO says while businesses
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CGT reduction under Part IVA scrutiny
Businesses disposing of capital gains tax (CGT) assets using CGT reduction arrangements may soon find themselves subject to close scrutiny
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ATO warns retailers re mutual schemes
A Taxpayer Alert has been issued warning the Australian Taxation Office (ATO) has concerns about schemes being promoted to retailers.
The
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ATO rules no tax on amateur prizes
The Australian Taxation Office (ATO) has issued its final ruling explaining the GST treatment of prizes awarded for competitions at
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Jail term warning to phoenix companies
A four-year jail sentence handed to a Toowoomba construction company director sounds as a warning to operating "phoenix" companies.
Roger Lilley,
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AICD calls for board of directors for ATO
In a move to improve governance, administration and taxation policy development, corporate Australia has called for a board of directors
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BAS assistance is available from Saturday
Australian Tax Office (ATO) call centres will be open tomorrow to help businesses lodge their next quarterly statements in time.
With
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No more nice guy : ATO to fine late BASs
Penalties look set to apply to the 5% of businesses and individuals who have overdue Business Activity Statements (BAS), the
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Agent-lodged GST return d/line extended
Businesses who lodge their annual GST return and information reports through a tax agent may be eligible for an extension
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Wrong tax credits not fraudulent says gov
Opposition Leader Kim Beazley has called for the resignation of Federal Small Business Minister Ian Macfarlane and Treasurer Peter Costello
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All tax'n agents need extra time for BAS
CPA Australia today called for a blanket two-week extension for all tax agents for the June quarter BAS, due to
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BAS simplicity still an elusive goal: ICAA
The newly customised BAS and IAS forms currently being sent out by the ATO have been welcomed by industry groups,
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Macfarlane lambasts Labor ‘BAS rip-off'
Labor's promised simplification of the GST reporting and reconciliation process will result in some small businesses paying too much GST
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Deadlines for BAS + income-tax extended
Businesses lodging tax returns and Business Activity Statements (BAS) via a tax agent will be eligible for lodgment extensions following
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Uncertainty on how GST impacts on FBT
The Australian Taxation Office (ATO) has yet to finalise its rulings outlining the interaction of GST and fringe benefits tax
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ATO ruling on leases could hit biz c/flow
Businesses with commercial leasing arrangements could have their cashflow affected by the release of a Tax Office ruling on the
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Biz will need entire tax records for audits
Businesses choosing to use the new BAS lodgment system announced last week by the federal government need to be aware
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ACCC nabs the Institute of Tax Research
The Federal Court in Brisbane has found that the Institute of Taxation Research and Wayne Levick have engaged in misleading
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