Tag: ATO

Digital ID service security risk: Researchers

Posted on   |  by Denham Sadler
Security researchers have advised Australians not to use the federal government’s digital identity service after authorities refused to fix a crucial design flaw they had discovered. Thinking Cybersecurity chief...

ATO JobKeeper and RDTI plan ‘absurd’

Posted on   |  by Denham Sadler
The plan to block any research and development tax incentive claims on JobKeeper payments has been labelled “absurd” and damaging to tech companies at the “worst possible time”, with...

ATO confirms R&D tax claw-back plan

Posted on   |  by Denham Sadler
More than a quarter of companies claiming the research and development tax incentive this quarter may have some of their offset clawed back if the government pushes ahead with...

One third of firms to amend RDTI claims

Posted on   |  by Denham Sadler
Up to a third of all companies accessing the R&D tax incentive may have some of their claim clawed back, with the government still planning to introduce retrospective changes...

Tax changes to be applied retrospectively

Posted on   |  by Denham Sadler
The controversial proposed changes to the R&D tax incentive will be applied retrospectively for the 2019-20 financial year if the legislation is eventually passed by Parliament later this year,...

R&D tax scheme crackdown has eased

Posted on   |  by Denham Sadler
The crackdown on research and development tax incentive claims has eased, with a more collaborative and fair approach to audits adopted and a number of recent successful appeals, according...

Robodebt revelations hit new low

Posted on   |  by Denham Sadler
The government’s robodebt scheme has hit a “new low” with revelations that vulnerable Australians were increasingly targeted last year, despite warnings the scheme was illegal, the federal Opposition says....

Google to pay ATO $480M

Posted on   |  by Denham Sadler
Google will pay the Australian Taxation Office more than $480 million after settling its 10-year tax dispute. The dispute relates to Google’s tax practices in Australia from 2008 to...

MYEFO: Robodebt an ‘unquantifiable’ risk

Posted on   |  by Denham Sadler
The federal government has acknowledged its trouble-plagued robodebt scheme is an “unquantifiable risk” to its coffers and announced a range of new tech-focused projects as part of the Mid-Year...