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ATO warns about scammers at tax time

15th Aug, 2018

The ATO has warned taxpayers to be on “high alert” for tax-related scams. ATO Assistant Commissioner Kath Anderson said the …

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Income tax residency rules for individuals: Board of Taxation recommends reform measur

15th Aug, 2018

The Board of Taxation has publicly released its initial report on its review of Australia’s income tax residency rules for …

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Retirement income covenant needs more flexibility: KPMG

15th Aug, 2018

KPMG has released a submission in response to the Treasury position paper on the proposed retirement income covenant announced as …

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Illegal phoenix activity costs billions; new Phoenix Hotline

15th Aug, 2018

The ATO has released a new report on the economic impacts of potential illegal phoenix activity. It estimates that the …

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Super funds deliver healthy returns for 2017–2018

15th Aug, 2018

The median “growth” superannuation fund delivered a healthy investment return of 9.2% for 2017–2018, with the top spot going to …

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GST exemption for offshore sellers of hotel bookings to be removed: draft legislation released

15th Aug, 2018

The Treasurer has released draft legislation to ensure offshore sellers of hotel accommodation in Australia calculate their GST turnover in …

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