Tax

Tax

Why lockdown DPNs put accountants in jeopardy

Tax professionals could find themselves in the firing line if a director becomes personally liable for company debts.

02 December 2022 • By Trevor Withane

more from tax

Tax

Firm profits allocation guide ‘a very blunt instrument’

PCG 2021/4 resolves the risk issue for just a small sliver of cases, says BDO tax partner.

28 November 2022 • By Philip King

Tax

[NEW] Bookkeeping Resources + Webinars

Download and register to access these exclusive resources this bookkeeping month.

18 November 2022 • By Ignition

Tax

Why time’s up for the mischief in off-market share buybacks

The refunding of excess franking credits supersizes the benefits of share buybacks and listed entities have exploited...

18 November 2022 • By Tony Greco

Tax

Buyback law closes loophole ‘but franking credits here to stay’

Assistant Treasurer guarantees dividend imputation scheme but says off-market share buybacks exploit a loophole that...

17 November 2022 • By Philip King

Tax

Crypto a ‘minefield’ of tax and regulation

Watch your step when dealing with digital assets and follow the ATO guidelines, accountants warned.

16 November 2022 • By Malavika Santhebennur

Tax

Budget increase plus CPI will push up lodgement penalties 35%

Fines for individuals could exceed $1,500 and for big business more than $750,000, says the Tax Institute.

15 November 2022 • By Josh Needs

Tax

Higher tax or audit: the professional firm profits dilemma

Warn clients now about what PCG 2021/4 means for allocations, accountants told.

15 November 2022 • By Josh Needs