If you’re required to lodge a return, report or statement with the Australian Taxation Office (ATO) by a particular day, but don’t, you may be liable to a failure to lodge (FTL) on time penalty. The ATO outlines the key considerations around FTL penalties. When will I receive an FTL penalty? An FTL penalty…
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Discover how the Common Reporting Standard help the Australian Taxation Office (ATO) to identify tax fraud and tax evasion.
DetailsIn addition to the sanctions imposed on Russia, Australia is imposing sanctions on the Donetsk and Luhansk regions of Ukraine. Explore the key considerations.
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Australia is imposing autonomous sanctions on Russia in response to the Russian invasion of Ukraine. Explore the key considerations as outlined by DFAT.
DetailsCompanies have an obligation to assist registered liquidators. Failure to do so may result in criminal prosecution and penalties from ASIC.
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Explore the key enforcement actions as outlined in the Australian Securities and Investments Commission (ASIC) quarterly update: October to December 2021.
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Explore the Tax Practitioner Board’s new proof of identity requirements for client verification by tax practitioners, to prevent identity theft and fraud.
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Explore the ATO’s new guidelines on client identity verification for tax practitioners to help prevent identity theft and fraud.
DetailsThis article explores the key crime fighting efforts of Home Affairs as outlined in the report Home Affairs – The Fourth Year.
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Discover how the Office of the Australian Information Commissioner (OAIC) works to uphold Australians’ privacy and freedom of information.
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