ATO loses case on JobKeeper and backdated ABNs
JobKeeper claims and backdated ABNs On 24 March 2021, the Full Federal Court handed down its decision in a decisive case. It concerned the requirement that an entity claiming JobKeeper Read More…
ATO’s taxable payments reporting system update
Taxable payments annual report (‘TPAR’) for the 2020 financial year The ATO has confirmed that more than 60,000 businesses have not yet complied with lodgement requirements under the taxable payments Read More…
Property inspections – are physical inspections necessary?
COVID-19 and tax depreciation reports Where a physical inspection of premises is not performed, this increases the risk of deductions being missed or errors being made. Property investors and businesses Read More…
Single Touch Payroll developments
Further STP developments In an indication of the far-reaching changes that Single Touch Payroll (STP) will be bringing, Treasury has recently finished consulting on draft legislation that expands the data Read More…
Car parking fringe benefits
Valuing car parking fringe benefits Where businesses provide car parking fringe benefits to their employees, the taxable value of these benefits must be calculated correctly to ensure they are meeting Read More…