Disputed tax savings skyrocket as small businesses score $66 million reduction

SmartCompany, October 22, 2019 Small businesses scored a $66.5 million reduction in disputed tax debts in 2018-19 through tax office settlements, about double the amount recorded last year, new figures show. The Australian Taxation Office (ATO) has published data detailing its dispute management activities in 2018-19, embedded within its broader annual report, which was presented to Assistant Treasurer Michael Sukkar earlier …

Helping small business can get the economy moving again

Matt Fleming serves Joan Schubert at The Bread Hound in St Lucia. Boosting small business cash flow could be a powerful stimulant to the economy. Picture: AAPThe Australian, October 22, 2019, Robert Gottliebsen Gradually more and more economists, including some at the Reserve Bank, are waking up to the fact that from here down, lower interest rates do more harm …

Bosses going too far by gagging employees: Attorney-General

Bosses going too far by gagging employees: Attorney-General Attorney-General Christian Porter has defended the so-called Folau clause in the government’ draft religious discrimination bill The Australian, October 20, 2019 Attorney-General Christian Porter has rejected a key concern from big business over the Morrison government’s draft religious discrimination bill, declaring they had gone “a little bit too far” in telling employees …

Small business patent regime axed as controversial reforms pass the Senate

SmartCompany, October 17, 2019 Senator Rex Patrick argued the patent reforms made no sense. AAP/Lukas Coch. The federal government’s controversial bid to axe a low-cost patent regime intended for SMEs passed through the Senate yesterday, paving the way for the scheme to be scrapped over the next 18 months. A second bill which will enable the Australian Taxation Office (ATO) …

Compo for sacked sex-prank worker

The Australian, October 17, 2019 A BHP company has been ordered to pay compensation to a female truck driver sacked for putting a sex toy and butter knives in a colleague’s hand luggage before he went through airport security, and posing for a selfie at work standing on a table in a shirt unbuttoned to the bottom of her bra. …

Superannuation dodgers targeted as ATO puts single touch payroll to use

SmartCompany, October 16, 2019 Thousands of employers marked as superannuation late-payers are being contacted by the Australian Taxation Office (ATO) this week in what is the first round of compliance action directly utilising single touch payroll (STP) data. The tax office has been busy getting its head around the multitudes of information flowing into its systems from the expanded real-time …

Assistant Treasurer Michael Sukkar’s plan allows the ATO to attack small business

Assistant Treasurer Michael Sukkar. Picture: Gary RamageThe Australian, October 14, 2019 – Robert Gottliebsen Assistant Treasurer Michael Sukkar has released the detail of his plan to change the way small and business is conducted in Australia. I’ve previously warned readers that the “Sukkar plan” would be a severe blow to Australian entrepreneurship, but the detail shows that it goes much …

“Significant distortion”: Whistleblower Richard Boyle claims watchdog botched its ATO garnishee scandal review

SmartCompany, October 14, 2019 Richard Boyle and his fiance Louise Beatson. Source: AAP/SamWudke. The whistleblower behind allegations the ATO misused its small business debt recovery powers has cast a cloud of doubt over a subsequent tax watchdog review of the claims, arguing the investigation was botched. In a scathing submission to a Senate inquiry into the conduct of the Inspector …

Hopes for water in thirsty north stuck in red tape

Mango farmer Dave Gray with daughter Jackie Gray at their property near the Adelaide River, in the Northern Territory. Picture. Helen Orr The Australian, October 12, 2019 Things were a lot easier a century ago when it came to building dams, weirs and reservoirs. In the early 1920s, Dutch ­engineer and agriculturalist Edwin Verburg got £3000 and some ­Aboriginal workers …

Boot on other foot over wages

The Australian, October 12, 2019 Last week this column dealt with the issue of organised wage theft in the retail and fast-food sector. Feedback from a reader threw out a challenge — if this is real, name names, state facts and figures. Put up or shut up, he said. McDonald’s opened in Australia in 1971 and there now are more …