Relief on horizon

Article Abstract:

The view of Gordon Thring, chairman of the CPA national tax practice committee, is that CPAs will have good and bad news for clients throughout 2004. The various tax issues and their effect on the tax practitioners and their clients with the Australian Taxation Office (ATO) highlighting major problem areas in tax practice and hope for major changes to be implemented by next elections is discussed.

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Barter boom, tax gloom

Article Abstract:

Australian Taxation Office (ATO) is trying to stamp-out bartering, which is a tax-dodging ploy used by the barter exchange organizations, like Bartercard and Business Barter Exchange. An estimated 80 business barter exchanges are there in Australia, in addition to numerous local exchange trading service (LETS) systems.

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ATO clamps down

Article Abstract:

The ATO compliance program for 2004-05 is stated. Small and medium businesses, and early access schemes are stated to be its main targets.

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