ATO getting tough on those who don’t respond
The Australian Taxation Office said it is instigating stronger action for people who have not met their tax...
READ MOREPopular tax incentive on shaky ground, lawyer says
With no changes to the R&D Tax Incentive in the federal budget to address the mounting cost of the scheme, the industry is being told to brace for inevitable change and potentially cutbacks.
The R&D Tax Incentive has been under scrutiny after the ATO recently clamped down on claimants of the scheme, issuing a number of taxpayer alerts for potential misuse of the system.
Read the full article on Accountants Daily.
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EV tax cut will be made retrospective, says minister
Climate Change and Energy Minister, Chris Bowen, said when Parliament sits again at the end of July he is confident the...
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A record-breaking month for retail as inflationary pressures mount
Australian retail sales have set a new record for the third straight month with $34.2 billion spent in stores and...
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