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The Australian Taxation Office has issued guidance on changes to the spouse tax offset that will enter into force on July 1. Read Full Story
In its submission to the Petroleum Resource Rent Tax review, the Business Council of Australia has said that the Government should not pursue changes to the regime unless there are clear benefits from doing so. Read Full Story
The Australian Taxation Office has issued a further two taxpayer alerts warning against the incorrect use of the Research and Development Tax Incentive. Read Full Story
The Australian Government has introduced legislation to extend the goods and services tax to low value imports from July 1, 2017. Read Full Story
For the 22nd consecutive year, Hong Kong has maintained its position as the world's freest economy in the 2017 Index of Economic Freedom from the Heritage Foundation. Read Full Story
The Australian Institute of Company Directors has called for significantly stronger and broader whistleblower protections. Read Full Story
Australia desperately needs large scale tax reform and should aim to rebalance its tax mix, the Institute of Public Accountants has argued. Read Full Story
The Australian Government has launched a consultation on how to improve transparency surrounding the beneficial ownership of companies. Read Full Story
Australian business associations are calling for lawmakers to support the Government's 10-year corporate income tax cut plan. Read Full Story
The Australian Government has hailed the passage of a package of tax reforms to improve income averaging arrangements for farmers and provide the Tax Commissioner with a new power. Read Full Story
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