ATO

Proposed non-concessional cap reform a drag on ATO resources

In a speech given to a national SMSF conference, ATO deputy commissioner for superannuation James O’Halloran admitted that the government’s budget superannuation changes, even though these are yet to pass Parliament, are already having a significant impact on the ATO’s capacity to cope. “We have already seen some examples of these increased expectations emerging with

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Upcoming ATO open forums

Upcoming ATO open forums. As part of its ongoing engagement with tax practitioners, the ATO will again be holding open forums in a range of locations across Australia between October and December 2016. Open forums are an opportunity for tax practitioners to have an open two-way dialogue with the ATO, and allow it to share

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The ATO and tax practitioners: Bouquets or brickbats?

The office of the Inspector-General of Taxation now and then reviews the functionality of the relationship between the ATO and tax practitioners in general. ATO tax practitioners: Bouquets brickbats? As the Inspector-General (IGT) said in the last such review: “Tax practitioners play an important role in the tripartite relationship with the ATO and taxpayers, as

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Making the most of the ATO’s client communications list

The ATO is working with the government to transfer its services online. And as digital interactions increase, tax practitioners should be able to access more correspondence via the ATO’s “client communication list” (CCL) rather than traditional paper mail. The CCL function in the tax agent and BAS agent portals gives practitioners online access to communications

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Capital gains tax record keeping tool

The ATO’s capital gains tax (CGT) record keeping tool allows you to record and save your asset and CGT event details, and calculate your capital gains or losses. For assets with a CGT event date, the tool works out your net capital gain or loss amount for the year by applying the CGT calculation method

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