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Australia News - Business, Taxation & Offshore




ATO Issues Warning On Incorrect Deductions

by Mary Swire, Tax-news.com, Hong Kong

Last updated 84 minutes ago | Thursday, June 22, 2017

The Australian Taxation Office has said that it is using real-time data to crack down on incorrect claims for work-related expenses this tax time. Read Full Story

 

Australian Bankers Criticize New Provincial Levy Plan

by Mary Swire, Tax-news.com, Hong Kong

Last updated 84 minutes ago | Thursday, June 22, 2017

The Australian Bankers' Association has criticized the South Australian Government for proposing a new tax on the industry, days after a federal levy was passed by Parliament.Read Full Story

 

 

Another Australian State To Levy Foreign Buyers Tax

by Mary Swire, Tax-news.com, Hong Kong

Last updated 84 minutes ago | Thursday, June 22, 2017

The South Australian Government has announced that it will introduce a conveyance duty surcharge on foreign buyers of residential property. Read Full Story

 

Australia Delays Low-Value Goods GST Reform To 2018

by Mary Swire, Tax-news.com, Hong Kong

Last updated 26 hours ago | Wednesday, June 21, 2017

The Australian Government will apply the 10 percent goods and services tax to low-value goods purchased from overseas sellers from July 1, 2018, a year later than originally planned. Read Full Story

 

 

Australian Senate Passes Bank Levy

by Mary Swire, Tax-news.com, Hong Kong

Tuesday, June 20, 2017

The Australian Government's major bank levy will enter into force on July 1, and is expected to raise around AUD6.2bn (USD4.7bn) in revenue over the next four years. Read Full Story

 

Australia Tightens GST Rules For Precious Metal

by Mary Swire, Tax-news.com, Hong Kong

Tuesday, June 20, 2017

The Australian Senate has passed legislation to tighten the goods and services tax rules for sales of precious metals. Read Full Story