Monthly Archives: July 2012
No GST claims on Carbon Permits
Written on July 24, 2012 at 11:53 am, by audigital
The Governments media release issued on 13th July, informed taxpayers and businesses that there is no GST on carbon price permits and that any business jacking up their prices and falsely blaming the carbon price could be liable for fines of up to $1.1 million. The GST laws have been specifically amended to ensure that […]
Work related claims taxation information
Written on July 24, 2012 at 11:52 am, by audigital
On 19 July 2012, the ATO released its compliance program for 2012-13. The Commissioner of Taxation Michael D’Ascenzo, outlined that the ATO would put under the microscope tax fraud and avoidance schemes, people who fail to declare all their income, the highly wealthy, property-related tax issues, and employers who do not meet their superannuation obligations. […]
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