Report critical of tax evasion penalties causes angst and discomfort at ATO

Report critical of tax evasion penalties causes angst and discomfort at ATO

Posted March 24, 2018 06:02:23 A damning review of the tax office by one of its directors has caused angst and discomfort among senior management, with some preferring it never be made public. Key points: A yet-to-be published review warns “the average tax evader may be financially better off even …

Turnbull government could pass company tax cuts with support of new senators from citizenship senate shuffle

Turnbull government could pass company tax cuts with support of new senators from citizenship senate shuffle

Posted March 23, 2018 12:12:13 Photo: New Senator Tim Storer will be key to the Turnbull government’s plan to pass a company tax cut. (ABC News: Nick Haggarty) Yet another new Senate crossbencher was sworn in this week. But like several other recent arrivals, Tim Storer is not in the …

Corporate tax cuts a step closer after gaining One Nation support | Australia news

The Turnbull government is creeping closer to clinching a deal on its big business tax cuts, with One Nation securing a $60m concession on apprenticeships – but Victoria’s Derryn Hinch says he won’t make his final position known until next week. Assuming the support of One Nation’s three Senate votes, …

Hopes rising that Mathias Cormann can finish the company tax puzzle by Easter

Hopes rising that Mathias Cormann can finish the company tax puzzle by Easter

Updated March 22, 2018 19:16:12 Photo: Mathias Cormann’s colleagues are confident if anyone can solve the company tax puzzle, he can. (ABC News: Matt Roberts) Related Story: NAB chairman backs company tax cuts but says other taxes must rise Related Story: ‘We agree to disagree’: Rift opens in corporate tax …

One Nation to back company tax cuts in exchange for funding for 1,000 apprentices

One Nation to back company tax cuts in exchange for funding for 1,000 apprentices

Posted March 22, 2018 15:42:34 Pauline Hanson has struck a deal with the Turnbull Government to support its company tax cuts in exchange for an apprenticeship pilot program targeting young Australians. Key points: One Nation’s three senators will support the cuts in exchange for 1,000 taxpayer-funded apprentices It is understood …

Unemployment rises as Coalition makes hard sell on company tax cuts – politics live | Australia news

Australia’s run of the best jobs growth ever continues with the number of jobs increasing for the 17th straight month in February 2018. This is the longest consecutive run of jobs growth since the monthly labour force series commenced 40 years ago. Labour force figures released today by the ABS …

Online shopping tax of up to $7 per package for overseas purchases under consideration

Online shopping tax of up to $7 per package for overseas purchases under consideration

Updated March 22, 2018 09:36:42 Online shoppers could be slugged up to $7 more per package when buying products from overseas, under a Federal Government proposal. Key points: Packages worth more than $1,000 already attract the levy, but this plan would apply it to all overseas purchases The ABC understands …

Coalition to intensify claims Labor ‘robbing pensioners’ with tax policy | Australia news

The Turnbull government will attempt to intensify political pressure on Labor over its policy to end cash rebates for excess imputation credits, citing figures suggesting 237,952 pensioners will be hit – as backroom arm-twisting continues over its unpopular tax cut for big business. The prime minister will visit seniors on …