GST + govt rebates: a warning to transporters
Transport companies need to ensure they are correctly paying GST when they receive any form of government rebate following a recent court case
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ATO relaxes GST invoice requirements
Businesses that don't hold a valid tax invoice, but can substantiate the transaction from other records, may still be able
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States agree to abolish BAD tax in 2005
The states and territories have agreed to use the GST windfall to fund the abolition of bank account debits (BAD)
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Warning issued on the top-10 BAS errors
More than two years in, up to 90% of businesses are getting their Business Activity Statement (BAS) wrong - running
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Preparing for a 'co-op compliance visit'
GST audits are already taking place but the pace of these audits will pick up substantially after July 1 once
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Quarterly BAS deadline just 4 days away
People have only four days left to lodge their next quarterly Business Activity Statement (BAS) or Instalment Activity Statement (IAS).
The
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Proposed 'oil code' is a disaster : Costello
Labor's proposed 'oil code' to control discounting of fuel prices would be a disaster, Treasurer Peter Costello claims.
Opposition leader Kim
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Labor's 'simpler BAS option' for small biz
The Australian Labor Party has released its plan to relieve small businesses of some of the complexities of the BAS.
The
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No invoice adds 15% to GST-related costs
The first round of income-tax returns post-GST is revealing that everyday expenses can cost businesses 15% more than they expect,
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Revealed : Tax Office's GST audit hit list
The Australian Taxation Office (ATO) is focusing particularly on correct receipts and detailed paperwork as it steps up its auditing
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ATO audits pick up extra GST liabilities
Businesses selling goods or services to other businesses without charging GST are being warned they will not get away with
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Super, not GST, family biz election issue
Pressure is mounting on the federal government to abolish or phase out the unpopular Superannuation Surcharge, with last weekend's West
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GST catch for unwary property investors
Investors are being warned not to agree to make a purchase of investment property on a GST-free basis, as they
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Biz coming to terms with GST burden
Businesses are starting to come to terms with the GST's compliance requirements, the latest Dun & Bradstreet National Business Expectations
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Macfarlane blasts Labor's ‘BAS rip-off'
Labor's promised simplification of the GST reporting and reconciliation process will result in some small businesses paying too much GST
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Labor unveil limited small biz concessions
Small businesses will be given the option of paying GST on the basis of a Tax Office-supplied ratio, similar to
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New taxes lead to increased bankruptcy #s
Bankruptcy figures for the two years to March 2001 clearly show the "first casualties of the new taxation system", and
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Exposed : Howard's 'tricky' CGT breaks
If you're planning to book a tidy profit on an asset sale courtesy of John Howard's supposedly generous capital gains
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Credit policies tightened to lift cashflow
Businesses are toughening up their credit management policies in an attempt to beat the cashflow squeeze, the latest Dun &
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BAS, income-tax deadlines extended
Businesses lodging tax returns and Business Activity Statements (BAS) via a tax agent will be eligible for lodgment extensions following
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