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...
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Given heightened audit activity and persistent tinkering with the R&D tax incentive, the federal budget may deliver further changes through cuts and targeted funding.
Speaking to Accountants Daily, Nexia senior taxation consultant, Dean Birch said recent high profile court casesand tax alerts pave the way for changes to the R&D tax incentive, with the upcoming federal budget being a possible vehicle.
Read the full article on Accountants Daily.