The Albanese government is being urged to reintroduce a Coalition-era tax break to help small businesses invest in technologies like artificial intelligence as economic challenges persist. In a pre-Budget...
Tax
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| by Joseph Brookes
A Sydney businessman and his firms have been ordered to pay more than $13 million in penalties for encouraging clients to lodge over-inflated, inaccurate or unsubstantiated claims for research...
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| by Joseph Brookes
Gambling and tobacco firms will be excluded from the Research and Development Tax Incentive from next year, after transparency data laid bare tens of millions of dollars in claims...
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| by Joseph Brookes
Landmark legislation introduced on Thursday could see digital platforms giants like Google and some of the government’s biggest tech suppliers forced to “top up” their local tax bill if...
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| by Kris Gale
Sandy Plunkett’s excellent article in Monday’s edition of InnovationAus.com, ‘Money for nothing: Australia’s dismal R&D performance‘, provided much food for thought as to what the federal government might focus...
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| by Joseph Brookes
As many as 300,000 company directors are operating without a mandated digital identification, in breach of a new scheme designed to crack down on illegal phoenix activity. The non-compliance...
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| by Joseph Brookes
PwC and the Tax Office confidentially settled a dispute in March about the firm using false professional privilege claims to withhold information about the tax advice it gave a...
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| by Justin Hendry
Small businesses wanting to take advantage of tax breaks for new technology worth $1 billion to the Budget bottom line are being told to delay their tax returns, with...
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| by Joseph Brookes
The federal police declined to pursue an investigation into the PwC tax leaks scandal in 2019, despite the Tax Office providing it with evidence one of the firm’s former...
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| by Joseph Brookes
The Tax Office has been armed with $111 million to implement a new minimum tax rate targeted at tax dodging multinationals. The government is expected to collect more than...
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| by Joseph Brookes
Tech giants moving the “apparent location” of their “bits and bytes” production to minimise tax will face tighter rules under the Albanese government’s multinational tax reform package, which took...
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| by Joseph Brookes
The Albanese government’s move to tax super funds’ unrealised gains will lead to investors pulling out of or avoiding high growth assets like startups and deep technology companies, Australia’s...
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| by Brandon How
The value of claims through the research and development tax incentive (RDTI) scheme’s non-refundable tax offset is estimated to return to pre-pandemic levels this financial year. The non-refundable tax...
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| by Justin Hendry
As many as 500,000 company directors are yet to sign up to the federal government’s compulsory director ID program, a key element of its efforts to crack down on...