“Draconian crap”: ATO commissioner’s “free loan” warning challenged by SmartCompany readers
Australian tax chief Chris Jordan's "unapologetic" focus on small businesses "treating ATO liabilities like a free loan" has sparked a strong response from the SME community.
ATO commissioner Chris Jordan calls out businesses that treat tax debts “like a free loan”
Outgoing ATO commissioner Chris Jordan says he is "unapologetic" about the tax office's shift to take stronger action to recover debt from small businesses.
“Not a victimless crime”: Mildura man jailed for seven years over ATO TikTok GST scam
A Mildura man who received $837,000 from the Australian Taxation Office (ATO) using 'TikTok GST scam' has been sentenced to 7.5 years of jail time.
Why the latest push to raise the GST rate will go nowhere
A group of crossbench parliamentarians has revived the idea of increasing the rate of the GST from 10% or removing exemptions.
ATO exposes three common errors small businesses are making this tax-time
As small businesses complete their tax-time filings, the Australian Taxation Office has issued a quick and concise guide to the most common errors it is observing in SME lodgments.
PwC fallout: NSW introduces million-dollar fines for tax leaks
Proposed penalties of up to $1.1 million for individuals and $5.5 million for corporations were passed in the NSW parliament.
Report payments made to contractors: ATO warns as TPAR deadline looms
More than 16,000 penalties were recently issued by the ATO for businesses that didn’t lodge their TPARs for previous years.
ATO to shut down tech trouble hotline as more self-help services go digital
The Australian Taxation Office is reminding businesses and tax professionals its technical help hotline will be disconnected in November, urging callers to visit its online self-help services instead.
ATO reimbursement scheme under the microscope as small businesses pay $1 million to challenge tax decisions
Small businesses are spending more than $1 million in legal fees to challenge decisions handed down by the Australian Taxation Office (ATO), but an official reimbursement program offers "insufficient certainty" over what costs are actually covered, according to a new review by the tax office watchdog.
ATO issues fresh scam warning as fake myGov SMS and email trick taxpayers
Scammers are inundating targets with fake messages asking them to provide their myGov details, the Australian Taxation Office has revealed, while urging taxpayers to remail vigilant when completing their tax returns.
A timeline of the $4.6 billion TikTok GST scam plaguing the ATO
The GST scam that went viral on TikTok continues to get worse as the ATO admits that it had to payout double what it initially reported.
Failure to lodge penalty amnesty might not spare business leaders from ATO’s ‘lockdown’ director penalty notices
Small business directors who confess their late tax statements under the failure to lodge penalty amnesty program may not be spared from other Australian Taxation Office crackdowns, including the use of 'lockdown' director penalty notices, a leading restructuring expert has warned.