About 85 per cent of lawyers could be at risk of disciplinary action for failing to lodge tax returns, the Australian Taxation Office revealed.
Need to know
The Tax Practitioners Board has revealed several additional appointments and reappointments to the board, alongside Amanda Gascoigne.
The inclusion of comprehensive tax policies in the 2025 federal budget seems highly unlikely, a tax expert has said.
The Tax Institute is calling for overdue certainty on corporate taxation to lower compliance costs ahead of next week’s federal budget.
The Commissioner of Taxation has filed a special leave application with the High Court in respect to the recent Commissioner of Taxation v Bendel decision. ...
The government should curb superannuation tax breaks and lower the Division 296 tax threshold to $2 million as a top priority, the Grattan Institute has said.
The enforcement of the franchising code of conduct and sector is set to be further strengthened by the government in a bid to extend SME protection.
Employees are valuing maintaining their employment and positions over higher pay as fear about potential redundancies creeps in, Robert Half has revealed.
The Coalition remains unclear on its position towards income tax cuts ahead of the upcoming federal budget and looming election.
The Tax Office has revealed new financial benchmarks to help small business owners stay in good financial health.
The ATO has issued an urgent reminder to not-for-profits with roughly only 20,000 of the total 100,000 NFPs required to lodge a self-review return having lodged it ahead of the 31 March deadline.
The Albanese government will extend unfair trading practice protections for small businesses.