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…
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…
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…
Mid-Year Economic and Fiscal Outlook The MYEFO announced the Government’s intention to implement a new third party reporting regime for the sharing economy. Treasury released its Mid-Year Economic and Fiscal Read More…
Taxation Administration (Tax Debt Information Disclosure) Declaration 2019 Following the enactment of legislation in late 2019, the ATO can disclose certain business tax debt information to external credit reporting bureaus. Read More…