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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ATO data-matching for motor vehicle registrations
The ATO has gazetted a Notice which will enable it to acquire motor vehicle registry data from State and Territory motor vehicle registry authorities for the period 2019-20 to 2021-22.
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Super fund trustees must invest money in their member’s best financial interest
Recent media reports suggest that the Retail Employees Super Trust (REST) reached an out of court settlement with a litigant who wanted to force the REST trustees to take climate change seriously.
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JobSeeker Supplement extended to March 2021 at reduced rate
The Prime Minister has announced that the temporary Coronavirus Supplement will be extended until 31 March 2021, but the payment rate will be reduced from $250 to $150 per fortnight from 1 January 2021.
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GST SARs: ATO’s new GST Governance, Data Testing and Transaction Testing Guide
On 15 July 2020, the Australian Taxation Office (ATO) published the GST Governance, Data Testing and Transaction Testing Guide.
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JobKeeper changes ahead: Bookkeepers in the eye of the COVID-19 storm
“We’re breathing at the moment,” said Matthew Addison, Executive Chairman of the Institute of Certified Bookkeepers (ICB) of the lull before the next tax policy storm.
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