Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORETax collectors eye Airbnb and Uber
The federal government’s key tax adviser and the Australian Taxation Office have launched a fresh assault on the burgeoning sharing economy, including considering sanctions for people who operate outside the tax system built up around technology disrupters Airbnb and Uber.
The Board of Taxation, which advises the government on the development of tax policy, has embarked on a two-year program with the ATO to improve collection mechanisms and tax documentation across a range of industries. The work has been sanctioned by the Minister for Revenue, Kelly O’Dwyer. A prime focus is the $500 million sharing economy, which includes services provided through companies such as Airbnb and Uber.
Read the full story at The Australian.
Previous
ATO widens net on tax avoidance
Next
Small businesses fear being next target of bad financial advice
Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
READ MORE
QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
READ MORE