Your practice

Relevant and practical knowledge and tools to build your business

The ATO’s first webcast for 2018, next Monday

Over last calendar year, the ATO found a high demand for its “Tax professional conversations”, a series of webcasts. These were hosted by assistant commissioner Colin Walker, and were usually co-hosted by a panel made up of members of professional associations, tax agents, BAS agents, digital service providers (software developers) and senior ATO staff. The

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Heard of the Notifiable Data Breaches scheme? If not, you soon will

Heard of the Notifiable Data Breaches scheme? The passage of the Privacy Amendment (Notifiable Data Breaches) Act 2017 established the Notifiable Data Breaches (NDB) scheme in Australia. The NDB scheme applies to all agencies and organisations with existing personal information security obligations under the Australian Privacy Act 1988, and is set to take effect from

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ATO due dates – March to April

Date Obligation 21 March Lodge and pay February 2018 monthly activity statement. 31 March Lodge tax return for companies and super funds with total income of more than $2 million in the latest year lodged (excluding large/medium taxpayers), unless the return was due earlier. Payment for companies and super funds in this category is also due by

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New ATO rulings, determinations, decisions and guides

The following key Taxation Rulings, Taxation Determinations, Interpretative Decisions and Law Companion Guides have recently been released: PCG 2018/D2 Draft Practical Compliance Guideline 2018/D2 sets out the ATO’s client engagement framework for the diverted profits tax (DPT). It also outlines their approach to risk assessment and compliance activity when the DPT is identified as a

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Upcoming ATO webinars in March

Topic Description Gifts and fundraising This webinar will help not-for-profit organisations (NFP), in particular deductible gift recipients (DGR) and their donors. We will talk about how tax applies to your organisation’s fundraising activities and cover: Receiving tax-deductible gifts Donors claiming tax deductions Fundraising events Valuing contributions and minor benefits Gifts and fundraising for non-DGRs  

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