Reasonableness

Reasonableness

A discussion of reasonableness  Reasonableness is a concept that is easy to understand but also hard for most of us to define.  It has been used as a legal concept at least since 1856, although arguably it traces its roots to Roman times.   This discussion proposes...
The big picture

The big picture

DTC believes that if practitioners and their clients were more informed about the tax compliance landscape the tax system would function better. This is the first in a series of articles where we provide insights into the ATO’s compliance program.     ...
Take considered advantage of the incentive

Take considered advantage of the incentive

The impact of Covid19 could mean that the last thing many businesses are considering is spending money on R&D. Others could be seeing this as a great time to seize an opportunity.  Their time horizon may by now or when the Corona fog lifts. Whatever the timeframe,...
Be on your guard

Be on your guard

DATA MATCHING  – BE ON YOUR GUARD There was an article in the AccountantsDaily on the 22nd of July referencing the linkages between Centrelink and the ATO and the targeting of those incorrectly claiming both social security benefits and JobKeeper payments. This...
JobKeeper compliance

JobKeeper compliance

In these difficult and unprecedented times, it is understandable that there is confusion around the JobKeeper arrangements.  Rushing to meet needs of businesses affected by COVID19 the Government, Treasury, the ATO have miscalculated the numbers involved. Rushing to...
Work related expenses guidance

Work related expenses guidance

Work related expenses have probably been a tax quandary from soon after 1936. From the notion of explaining how much your income was, what your deductions where and then tell us – to much more complicated considerations of whether an item relates to earning assessable...