Tax

The second half of 2024 saw a 47 per cent increase in total insolvencies compared to the same period the year prior, ASIC data has revealed.

The Business Council of Australia has proposed multiple amendments to the Production Tax Credits and Other Measures Bill 2024 to help Australia maximise investment opportunities.

Further clarity is needed on how the tax incentives under the Future Made in Australia reforms will interact with other tax offset provisions, BDO has said.

SFQV Group, advised by PwC, misapplied GST attribution rules and is ineligible for refunds, according to a tribunal.

Bigger tax breaks would increase government revenue and replenish ageing mines, according to the Association of Mining and Exploration Companies.

The peak body has called for the threshold’s immediate removal while a comprehensive government review of the system is underway.

There has been a significant decrease in the number of people donating over the past decade due to lower income pressures, according to a KPMG tax analysis.

Proposed Tax Office guidance classifies routine refinancing as “high-risk”, according to the body’s recent submission.

Perpetual's $2 billion deal to sell its wealth management and corporate trust businesses to KKR is in jeopardy, with an independent expert warning that soaring tax liabilities make the proposal untenable and not in ...

The R&D tax incentive is a critical mechanism and should remain industry agnostic, BDO has said.