Tax & Accounting Blog

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Justified Trust: Has GST compliance taken us to the tipping point?

GST Streamline Assurance reviews, the latest addition to the ATO’s whole-of-tax compliance framework, is placing a heavy burden on corporate tax teams. We look at some of the recent developments and how the industry can be better equipped to deal with this latest wave of compliance changes ahead of the Corporate Tax Association's GST & Indirect Tax Intensive in October.

Justified Trust: Has GST compliance taken us to the tipping point?

Justified Trust: Has GST compliance taken us to the tipping point?

GST Streamline Assurance reviews, the latest addition to the ATO’s whole-of-tax compliance framework, is placing a heavy burden on corporate tax teams. We look at some of the recent developments and how the industry can be better equipped to deal with this latest wave of compliance changes ahead of the Corporate Tax Association's GST & Indirect Tax Intensive in October. … Read More

Navigating the International Tax World, Amidst Profound Change

Navigating the International Tax World, Amidst Profound Change

Bob Dylan famously sung in 1964 ‘the times they are changing’, albeit he wasn’t singing about the international tax world, however, he was right, times were and are always changing. Change is a constant in the world and in the international tax realm, change is inevitable and unavoidable. … Read More

What the ATO’s proposed GST compliance measures mean for Corporate Australia

What the ATO’s proposed GST compliance measures mean for Corporate Australia

The ATO will take on indirect tax in the next phase of building its whole-of-tax compliance framework. The proposed GST Large Business Program is aimed at Top 100 businesses in Australia. Neha Mahindru, our Indirect Tax solutions specialist, looks the implications for large corporations and their tax management systems. … Read More

How Justified Trust Aims to Reassure Taxpayers

How Justified Trust Aims to Reassure Taxpayers

 The ATO is using an approach called “justified trust” to reassure other taxpayers that the “big end of town” is paying its fair share of tax. In a speech in March 2017, Tax Commissioner Chris Jordan listed some commonly-held community perceptions and attitudes to tax that are influencing taxpayer behaviour. At the top of the […] … Read More