IT’S BAS time again. The dreaded little brown form has arrived in the post and is sitting on the desks of businesses across the country, waiting to be tackled.This is the first quarterly BAS for new financial year and it is due on October 28.
THE Australian Tax Office has moved away from the help and education role it had during the introduction of the new tax system. Now, 90 per cent of the ATO’s GST field staff are involved in audit or verification activity. Across the country, there are...
WHEN Treasurer Peter Costello announced the introduction of new tax system in August 1998, he said Australians deserved a tax system that would make our economy stronger, generate more jobs, improve our living standards and fund essential services.
IMAGINE being able to access your tax records and pay your taxes through an ATM or an on-line bank. Imagine if the Australian Tax Office provided information that was customised to meet each of our needs.
A NEW tax watchdog is expected to be in place by the end of the year.Minister for Revenue Senator Helen Coonan has released a consultation paper detailing the role of the Inspector General of Taxation.
GOVERNMENT regulations are an ongoing thorn in the side of business, with results from a recent Chamber of Commerce and Industry survey ranking this issue in the top five concerns of Australian businesses.