A JOINT raid by the ATO, Centrelink, Department of Immigration and the police last week during which more than 100 taxi drivers were stopped at Perth domestic airport is likely to have been a practice
WA has the second highest participation rate in sport and physical activities across the country. If you are involved in a local sporting club, one thing you can’t afford to overlook is tax.
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.
RECENTLY released statistics from the Australian Tax Office show that companies account for only 5 per cent of the total number of taxpayers, but more than three-quarters of total income.
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.
THIS time two years ago we were still getting used to adding 10 per cent to the cost of most goods and services, and businesses were yet to experience the thrill of their first BAS.
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.
AUSTRALIA’S international tax arrangements affect the decisions of businesses to locate in Australia as well as Australia’s ability to attract foreign capital.
AFTER housing, superannuation is the biggest asset most Australians will ever own. But, unlike the family home, which is generally tax free, super is taxed three times.
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.
FOLLOWING the Howard Government’s return to power, Australia may be the first country in the world to introduce a radical new method for determining taxable income.
27 Nov 2001
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