Tax administration August 2019

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Running Time: 12:11

Date: 01/08/2019

  • ANAO report on ATO's management of small business tax debt
  • ATO effective life review for assets used in aircraft industry
  • ATO's current focus areas in small business market
  • ATO targets false clothing and laundry work expense claims this Tax Time
  • Franking credit refund pilot for NFP
  • 'Cash in hand' payments to workers no longer tax deductible: ATO reminder
  • Disqualification from acting as SMSF trustee upheld
  • Tip-offs about tax evasion have increased by 42%: ATO
  • Tax agent/client/ATO communication critical this year, especially with advent of STP
  • STP - grace periods for correcting statements – instrument made
  • Wrong bank account details for tax returns: ATO has a fix
  • Thoroughbred racing club not employer of jockeys; no SG obligations
  • Work-related car expenses a key ATO focus this tax time
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Peter McGinty, Chartered Accountants Australia and New Zealand