Medical and allied health professionals need to be aware of payroll tax obligations when structuring and operating their practices. ...
Medical and allied health professionals need to be aware of payroll tax obligations when structuring and operating their practices.
From 1 July 2019, road freight businesses will have to report payments made to contractors to the ATO. This comes as a result of Federal Parliament passing the Treasury Laws Amendment (Black Economy Taskforce Measures No 2) Act on 15 November 2018.
Taxpayers and the ATO often grapple with whether proceeds from the sale of property are on capital account or revenue account. The issue continues to generate disputes and litigation. This is often because there are concessions available for sales of property on capital account. But sometimes it is about whether
Part IVA was originally introduced to target tax avoidance arrangements that were ‘blatant, artificial or contrived’. Following the 2013 amendments, the focus has shifted to identifying arrangements where the substance of the transaction ‘could more conveniently, or commercially, or frugally have been achieved by a different transaction or form of
Contrary to popular belief, transactions involving cryptocurrencies such as bitcoin are not always anonymous. The ATO is set to audit transactions involving cryptocurrency in the coming months.
From 2018, the ATO will use foreign bank information to recover unpaid tax from taxpayers who have not declared foreign income.
On 24 May 2018, the Government introduced a 12 month superannuation guarantee amnesty. The amnesty provides incentives for businesses to self-correct historical errors in relation to compulsory superannuation.
The recent decision of the Federal Court in Harding v Commissioner of Taxation will make it difficult for Australians living and working overseas to be non-residents for tax purposes.
A new system of GST withholding will start from 1 July 2018.
A hotel owner who purchased gaming machine entitlements has successfully claimed deductions totalling $600,300. Costs for gaming machine entitlements have often be treated by the ATO as non deductible.
In this video, CGW Partner Fletch Heinemann discusses tax and foreign income.
In this video, CGW Partner Fletch Heinemann discusses double tax agreements.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.