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ATO debt recovery action can now be paused by the AAT: Josh Frydenberg Small businesses will now be able to pause ATO debt recovery action through the Administrative Appeals Tribunal as part of a new measure contained in the federal budget. ...
End of JobKeeper unlikely to slow employment growth: RBA In its quarterly monetary policy update, the Reserve Bank of Australia said it expects the economic fallout from JobKeeper’s expiry to be manageable and have only a min...
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‘Too simplistic’: Standardised deductions aren’t a silver bullet The introduction of a $3,000 standardised deduction would likely effect little change to the way tax returns are prepared and submitted, says one industry body. ...
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Government introduces lifeline to first home buyers The Morrison government has introduced a suite of concessions to single parents looking to buy their first home and those looking to invest in new builds, while bumping t...
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MYOB launches new superannuation selector function Employees will now be able to select their own super fund through an app developed by MYOB and fintech start-up Flare. ...
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Rising above adversity: How this practitioner refuses to give up Kristine Woods has spent over 33 years fighting seven chronic autoimmune diseases, had to deal with blindness in her right eye, and now has a permanent port implanted in ...
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Director ID numbers: Another weapon to extinguish costly illegal phoenixing It’s been a long gestation, but the federal government’s new ‘baby’– the Director Identification Number scheme (DINs) – finally has a ‘due’ date: November...
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Government splashes $15.3m to drive e-invoicing adoption E-invoicing is set to feature prominently over the next few months as the government reveals a $15.3 million investment ahead of its 11 May federal budget. ...
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ATO signals crackdown on 4 ineligible work-from-home claims As tax time looms, the ATO has pointed to four key ineligible work-from-home claims it will be watching closely as taxpayers look to make the most of flexible working arr...
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New myGov scam surfaces A new email scam targeting myGov and myGovID users has been uncovered, with the ATO warning people to steer clear from clicking on any links. ...
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