Central Coast Accountants

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Commissioner's new power to withhold refunds

Published on February 27, 2013 at 12:00 AM

Legislation is making its way through Parliament to give the Commissioner of Taxation a new power to withhold “high risk” refunds pending integrity checks of a taxpayer’s claim. The changes are being introduced in response…

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Director penalty regime - take two!

Published on February 24, 2013 at 12:00 AM

The Government has reintroduced legislation into Parliament to extend the director penalty regime. This will, among other things, make directors personally liable for their company’s unpaid superannuation guarantee amounts.…

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