Category: Tax

ATO reports more outages

ATO reports more outages

The Australian Taxation Office has confirmed that its systems have been hit with 10 more website outages this year. That does not include...

House Republicans pledge tax reform by the end of 2017

House Republicans pledge tax reform by the end of 2017

Republican Party leaders have doubled down on their promise of tax reform even after the Senate’s failure to pass even a scaled-down...

Labor to impose 30 per cent tax rate on family trust distributions

Labor to impose 30 per cent tax rate on family trust distributions

Opposition leader Bill Shorten says a future Labor government will impose a 30 per cent tax rate on distributions from family trusts to...

Tax fraud has “tarnished” the ATO: Chris Jordan

Tax fraud has “tarnished” the ATO: Chris Jordan

Tax Commissioner Chris Jordan has conceded that the $165 million Plutus tax scandal has “tarnished” the reputation of...

Liberal opposition kills SA bank tax

Liberal opposition kills SA bank tax

South Australia’s Liberal Opposition says it will vote to block the Government’s controversial $370 million bank levy. The decision, 11...

Scott Morrison and states brawl over GST

Scott Morrison and states brawl over GST

The Treasurer Scott Morrison has been accused of blackmailing states and territories with threats to cut their GST share for placing...

Netflix raises Australian prices

Netflix raises Australian prices

Australians will be paying extra for Netflix ahead of the introduction of the GST “Netflix tax”. The Senate has delayed the...

Tax Commissioner Chris Jordan launches review into tax fraud case

Tax Commissioner Chris Jordan launches review into tax fraud case

Tax Commissioner Chris Jordan has launched an internal review of the Tax Office’s policies and procedures following revelations and...

Labor backs bank tax, despite misgivings about revenue

Labor backs bank tax, despite misgivings about revenue

The Labor Party has indicated it will pass the bank levy legislation through the Senate. This is despite a poll showing that four in five...

Budget has a tax hike and slugs banks

Budget has a tax hike and slugs banks

Taxpayers and the banks will do the heavy lifting to repair the budget deficit. The budget delivered last night will see Australians paying...