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ATO scrutiny on car parking fringe benefits

10th Mar, 2020

The ATO has started contacting certain employers that provide car parking fringe benefits to their employees to ensure that all …

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Foreign residents and the main residence exemption

10th Mar, 2020

Laws limiting foreign residents’ ability to claim the CGT main residence exemption are now in place. This means that if …

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ATO backs down from controversial time limit ruling

12th Feb, 2020

In 2018, the ATO issued a controversial draft ruling which took a very strict stance on the four-year time limit …

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ATO extends bushfire assistance: lodgments deferred

12th Feb, 2020

On 20 January 2020 the ATO announced an extension of the tax assistance package for people impacted by the 2019–2020 …

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Better protection for consumers: new ASIC powers

12th Feb, 2020

In response to the recommendations of the Banking and Financial Services Royal Commission and the ASIC Enforcement Review Taskforce Report, …

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Expansion of Tax Avoidance Taskforce activity

12th Feb, 2020

The ATO has recently expanded its Tax Avoidance Taskforce activity to include top 500 private groups, high wealth private groups, …

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