News Articles for Australian Taxation Office

The federal government will explore ways of cutting red tape in the business tax system, in a bid to ease compliance burden on business and make the economy more productive.

The Australian Tax Office is pursuing the chief of a Cannington-based NDIS provider for allegedly unpaid tax debts and superannuation payments totalling more than $3 million.

WA junior resources director Adam John Waterman has been jailed for almost eight years for fraudulently pocketing more than $1 million in GST refunds.

The Super Members Council has estimated Western Australian workers suffered a loss of $676 million in retirement savings over superannuation underpayments in 2022-23.

The tax office has chased Gold Valley chair and founder Yuzheng Xie for alleged unpaid taxes dating back to 2018, in a claim of more than $6 million.

A different version of administration is catching on as the tax office chases up COVID-related debt.

A Perth man has been sentenced to two years in jail, after dodgy tax dealings conducted in his name were referred to prosecutors by the Australian Taxation Office.

National property group Lendlease announced it would dispute a $112 million tax bill over an audit of a partial business sale.

The tax office has accused consulting giant PwC of not disclosing key details of a report into the conduct of its partners in a tax advice scandal.

Former Perth Glory owner Tony Sage has failed in his bid to access documents he claimed was used by the Australian Taxation Office for an audit that led to penalty assessments.

Mining entrepreneur Tony Sage is continuing to appeal a tribunal decision that refused him access to documents he claimed could be relevant to his tax audit.

Perth-based Kinetic IT has been recruited by the Australian Taxation Office as its lead enterprise service management partner, in a contract valued at $50 million.

The indexation rate for student loans has hit its highest level in decades.

Young workers are set to receive about $6000 extra in their superannuation balance on retirement after changes to how their payments are made.

Perth-based recruitment business The GO2 People has entered into administration amid liabilities to Australian Taxation Office of more than $3 million and a legal dispute with a client.

Western Australian Gaming and Wagering Commission has appointed Michael Schaper as its new chair, announced by Racing and Gaming Minister Reece Whitby this morning.

Senior editor Mark Beyer discusses shifts atop Data & Insights' ranking of environmental services firms and offers highlights from his recent conversation with Ecocene.

New data reveals just how much WA businesses contributed to the federal treasury during the pandemic, with 10 corporates paying $27.5 billion in the year to June 2021.

The federal police and taxation office have been raiding homes across Australia as part of a GST fraud investigation.

A WA doctor has been sentenced to seven months' jail for failing to comply with court orders to lodge 18 outstanding income tax returns and business activity statements.

The ATO has issued a further tax bill to Rio Tinto in relation to the mining giant's interest deductions on a loan it took out in 2015.

Strong revenue is masking rising costs in WA, and the associated inflationary pressure.

Shell has largely won a federal court battle in a long running dispute with the Australian Taxation Office over its $2.3 billion purchase of Browse LNG assets from Chevron.

Unions will launch High Court action against Qantas over allegations the airline manipulated rosters to pocket some of its wage subsidy payments.

Small businesses are generally seen as the engine room for growth, but they're also the engine room for jobs.

Australians on welfare will soon be subject to Centrelink's debt recovery program again, with the government ending the pause put in place because of the pandemic.

Rare earths producer Northern Minerals will receive a $9.9 million refund from the ATO after settling a long-running tax dispute related to earlier research and development claims.

The Supreme Court has approved a settlement of the long-running Bell Group dispute that will see $1.9 billion distributed to five major creditors.

Australians who paid the government money through the controversial robodebt scheme have been reimbursed $545 million.

A national economy battered by COVID-19 could seek assistance from a strong iron ore sector in WA.

Alumina Limited says its joint venture with aluminium giant Alcoa has been assessed $212 million in back taxes over historical alumina sales to a government-operated aluminium plant in Bahrain.

Businesses and non profits suffering big falls in turnover will receive subsidies of up to $1,500 per worker per fortnight under the federal government's new Jobkeeper program, with up to 6 million people to be supported.

Nine WA-linked resources businesses are ranked among the country's top 20 corporate taxpayers, despite a widespread perception the industry does not pay its way.

About $1.9 billion will be split between the Insurance Commission of Western Australia and other creditors of Bell Group when a settlement deal, signed in December, comes into effect later this year.

Australia's GDP showed only a slight expansion in the last three months, while WA's state final demand fell by 0.2 per cent for the quarter - the second weakest performing state.

ASX-listed investment fund Centuria will acquire Warrington Capital Partners' William Square office building in Northbridge for $189.5 million, in the highest value commercial property transaction in Perth since December last year.

The Australian Taxation Office (ATO) is planning to visit around 700 small businesses in Broome, Cable Beach, Derby and Kununurra, Western Australia in August as part of the agency's work to tackle the black economy and protect honest businesses from those doing the wrong thing.

The federal government has ruled out bringing the next sitting of parliament forward a week to legislate its promised tax cuts by the end of this financial year.

Australia's tax agency says it can retrospectively deliver tax cuts if the coalition's proposal doesn't pass through parliament before the end of the financial year.

The head of the Australian Taxation Office has declared "integrity is everything" after the organisation was cleared of allegations it had executed a widespread cash grab on small businesses.