Tag: ATO

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...

ATO cryptocurrency data crackdown

Posted on   |  by James Riley
The tax office is set to unleash its data-matching capabilities to crackdown on cryptocurrency traders avoiding tax. The Australian Taxation Office revealed on Tuesday that it will be requiring...

UN ranks Aust second for eGovt

Posted on   |  by James Riley
Anyone who has watched the series of technology failures across the Commonwealth in the past couple of years – from the Census fail, to ATO outages, to Centrelink’s harmful...

Angel tax data revealed by ATO

Posted on   |  by James Riley
More than 300 early-stage startups shared in about $300 million in investments from angel investors in what the government says underscores the effectiveness of its angel investor tax incentives....

ATO crack down on cryptocurrency

Posted on   |  by James Riley
The ATO is investigating measures to ensure that cryptocurrency investors and traders are paying the right amount of tax on their investments. The agency has confirmed that it is...