ATO update on section 100A
May 25, 2022
The ATO has issued an update on draft guidance on trust reimbursement agreements and unpaid present entitlements.
ATO Deputy Commissioner Louise Clarke makes two key points in the rele...
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GST fraud – keep an eye out for the unusual
May 25, 2022
The ATO has stopped more than $770 million in fraudulent GST claims and has commenced recouping monies paid. Tax agents should be on the lookout for unusual transactions or requests for...
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Tax return time: ATO priority areas
May 25, 2022
The ATO’s 2021-22 tax time focus areas for individuals are:
record-keeping – ensuring that proper records are available and data-matching to check correct amounts a...
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