The Board of Taxation has called for submissions for a review into the dual-agency administration model for the R&D tax incentive.
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2021 Budget snapshot
This year’s Budget was dominated by spending measures directed toward social programs, with only a few, very specific, tax changes.
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Are spreadsheets hindering your indirect tax processes?
Spreadsheets have their place, there’s no doubt about that. But the way they’re being used in the indirect tax world right now is a cause for concern.
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A ‘different’ year. Your 2021 FBT return
With so much change occurring during the 12 months to 31 March 2021, FBT practitioners can expect their returns to look a little different this year. The KPMG Employment Tax team are here to provide your executive summary of key FBT developments in the last 12 months.
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Cash Converters in AUSTRAC’s gunsights, as regulator sizes up next enforcement targets
Pawnbrokers, payday lenders and other non-bank reporting entities have been urged to review their financial crime controls, as the Australian Transaction Reports and Analysis Centre (AUSTRAC) broadens its supervision and enforcement crackdown.
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WHITEPAPER: Starting a CAR: Preparing for the ATO’s multi-pronged assurance reviews
When the ATO’s Top 1,000 Tax Performance Program (under which Streamlined Assurance Reviews (SARs) are conducted) comes to an end in December, the Top 1,000 Combined Assurance Review (CAR program) will begin – combining both income tax and GST reviews for the Top 1,000 taxpayers.
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NSW Budget 2020-21 roundup
The NSW Treasurer, Dominic Perrottet, handed down the NSW Budget 2020-21 on 17 November 2020. This article outlines some of the key tax measures aimed at supporting businesses.
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NSW Budget: Overview of proposed property tax
As part of the NSW Budget, the Treasurer announced a proposal to introduce a property tax regime that would provide taxpayers with a choice between paying a known amount of stamp duty at the time of purchase of a property, or an annual property tax charge.
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NSW to take superannuation contribution holiday for 2 years
The NSW Government has announced that it will take a 2-year superannuation contribution holiday.
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Transfer pricing considerations in an economic downturn
Now is the time for multinational enterprises to consider changes to transfer pricing policies.
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