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Treasurer Jim Chalmers has said tax reform in next week’s budget will drive investment in the government’s manufacturing and green technology reform package.
Grant Thornton partner Paul Banister says the Tax Office’s most recent update suggests it is not getting the information it needs to apply its risk compliance framework for professional firms.
H&R Block’s director of tax communications, Mark Chapman, has said tax agents should be asking clients if they are investing in cryptocurrency.
The government is exploring options for expanding information-gathering powers for the ATO and TPB.
“It took a quarter of a century following the economic shocks of the 1970s and countless inquiries” to get a Howard-era tax review. Now the time has come again, says Business NSW.
Treasurer Jim Chalmers has ruled out company tax cuts, but businesses are pushing him to act on suggestions that additional tax incentives could be on the horizon.
Australia’s middle market continues to list talent shortages and costs as the leading challenges this year while the case for tax reform grows, according to a KPMG survey.
Ahead of the national budget release in mid-May, Treasurer Jim Chalmers has announced a stronger foreign investment framework underpinned by enhanced regulatory portfolios.
The Tax Inspectors Without Borders initiative aims to correct the devastating impact of the COVID-19 pandemic on the economic progress of developing nations by building efficient tax systems.
Deakin University has partnered with Neighbourhood Houses to develop an online platform designed to prepare not-for-profits for coming reporting reforms.
The IGTO has found the ATO’s controls for preventing fraud inadequate, with fraudsters managing to lodge fraudulent returns undetected.
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