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Cashflow+Networks

Non-Profit News Service No. 0421 – Public consultation: role of tax concessions

April 2, 2015 | Posted in Australian Taxation Office | By


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Apr 2015. The Treasurer recently released the Re:think tax discussion paper inviting the community to enter into a conversation on tax reform. Submissions close 1 June 2015.
Source: Australian Taxation Office – Business News


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Small business benchmarks updated with 2012-13 data

April 2, 2015 | Posted in Australian Taxation Office | By


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About to lodge your client’s activity statement or tax return? The small business benchmarks have now been updated. You can use the benchmarks to compare your client’s performance against similar businesses in their industry.
Source: Australian Taxation Office – Business News


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AUSkey

April 2, 2015 | Posted in Australian Taxation Office | By


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AUSkey is a single authentication to access a number of government online services, including our online channels such as the portals. AUSkey identifies the user and the business they are representing when transacting with us online.
Source: Australian Taxation Office – Business News


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Important news about the portals

April 2, 2015 | Posted in Australian Taxation Office | By


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Broadcast sent on 1 April 2015 to all registered tax and BAS agents via email about issues affecting the portals.
Source: Australian Taxation Office – Business News


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Phoenix factsheet in Khmer

April 1, 2015 | Posted in Australian Taxation Office | By


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Fraudulent phoenix activity occurs where a company deliberately liquidates to avoid paying creditors, taxes and employee entitlements. They transfer the assets to a new company and continue operating the same or a similar business with the same ownership.
Source: Australian Taxation Office – Business News


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Case study: Death benefit lump sum payments

April 1, 2015 | Posted in Australian Taxation Office | By


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Case study of death benefit lump sum payments
Source: Australian Taxation Office – Business News


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Phoenix factsheet in Vietnamese

April 1, 2015 | Posted in Australian Taxation Office | By


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Fraudulent phoenix activity occurs where a company deliberately liquidates to avoid paying creditors, taxes and employee entitlements. They transfer the assets to a new company and continue operating the same or a similar business with the same ownership.
Source: Australian Taxation Office – Business News


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Be savvy with super, claim ATO–held super now

April 1, 2015 | Posted in Australian Taxation Office | By


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Your clients can access their ATO-held super through myGov. Encourage your clients to find and claim their super today.
Source: Australian Taxation Office – Business News


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Illegal tobacco farmer cops jail sentence

March 31, 2015 | Posted in Australian Taxation Office | By


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A New South Wales man has been sentenced for two offences under the Excise Act 1901 (Cth) for moving and growing over 27,000 kilograms of illegal tobacco with a total excise value of over $1 million.
Source: Australian Taxation Office – Business News


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Non-Profit News Service No. 0420 – newly listed DGRs

March 30, 2015 | Posted in Australian Taxation Office | By


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Mar 2015. Parliament has passed Tax and Superannuation Laws Amendment (2014 Measures No. 5) Bill 2015 which specifically lists three new deductible gift recipients.
Source: Australian Taxation Office – Business News


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