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Mortgage brokers say NSW payroll tax claims will impact access to finance for first time buyers.

Mortgage brokers go to war with NSW over tax grab

Moves by the state to levy payroll tax on aggregators connecting mortgage brokers with lenders will force some of them to quit the industry.

  • James Eyers

This Month

The ATO looks at how lifestyles match up with declared income.

How the ATO caught taxpayers cheating on ‘lifestyle’ assets

The Tax Office has provided The Australian Financial Review with exclusive details about some recent investigations.

  • Duncan Hughes

September

A Porsche Cayenne GTS, a Porsche 911 GT3 and two Wolf GB08 Tornado racing cars are among 30 cars, bikes, trucks and go-carts confiscated from instigators of the Plutus Payroll tax scandal to be auctioned off.

Luxury cars among Plutus Payroll tax fraud spoils up for grabs

A Porsche Cayenne GTS, a Porsche 911 GT3 and two Wolf GB08 Tornado racing cars are among 30 vehicles confiscated from instigators of the fraud that will be auctioned off.

  • Ronald Mizen
Bill Papas turned to EY’s Peter White for advice on where to base his sustainability businesses.

EY partner sued by ATO was Bill Papas’ former adviser

Despite Peter White’s many vigorous efforts, he can now be named. And we can tell you about his cameo in another recent white-collar saga.

  • Myriam Robin
Data centre king Robin Khuda.

Just how naughty was AirTrunk’s Robin Khuda?

Let’s meditate on the businessman of the year’s fantastic origin story: his use of super to pay employees.

  • Mark Di Stefano
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New Passionfruit Seltzer from Fellr

Can sorbet sell hard seltzer? Fellr is banking on it for the summer

The local alcohol brand faces intense competition from overseas giants, including White Claw. The tie-up with hot gelato outfit Messina appears to be working.

  • Carrie LaFrenz
Former PwC partner Paul McNab: moving on

Ex-PwC partner Paul McNab is totally back in business

The collective shrug by the profession appears well in progress. Not least as regards this tax lawyer.

  • Myriam Robin

August

‘Nerds gone wild’: Inside PwC’s last party before it all blew up

It is the days-long party now described as the last hurrah before the storm of the tax leaks. Within six months, the scandal would change the firm forever.

  • Edmund Tadros
Former PwC Australia general counsel Meredith Beattie and former PwC Australia CEOs Luke Sayers and Tom Seymour.

The Tax Office goes to war with Seymour as Sayers goes big

While PwC tax divisions was mired in a paper war with the ATO, it transformed from a conservative accounting firm to hard-charging, hard-drinking company.

  • Edmund Tadros
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ASX dives 2pc; PwC bosses grilled; Fear hits AI stocks

Read everything that’s happened in the news so far today.

July

AFR investigative journalist Neil Chenoweth.

ATO expose earns award nomination for AFR’s Chenoweth

The Australian Financial Review’s Neil Chenoweth has been nominated in the top finance reporting category for a series dubbed Cracking the Tax Office Omerta.

  • Updated
Tax Practitioners Board chief executive Michael O’Neill.

The Tax Office, the TPB and the kerfuffle wars

After numerous attempts to sideline Tax Practitioners Board CEO Michael O’Neill, the Tax Office turned its sights on the media.

  • Neil Chenoweth

‘Everybody eats’: secret recording exposes CFMEU kickback plan

Harry Korras was clear that to get a CFMEU EBA “there’s a fee. That’s business.” Meanwhile, police evidence mounts against John Setka’s anointed successor.

  • Nick McKenzie, David Marin-Guzman, Ben Schneiders and Amelia Ballinger
 Kevin Burrowes.

How PwC conjured a FIRB crackdown

PwC continues to answer the bare minimum, opening doors to meaning and revelation.

  • Myriam Robin and Mark Di Stefano

June

Mark Robertson, KC, is said to have no interest in becoming a judge.

Meet the most expensive lawyer in Australia

Tax specialist Mark Robertson, KC, is in a league of his own, charging $6250 an hour and $50,000 for an eight-hour day.

  • Michael Pelly
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Fast-rising wages and asset prices will leave more Australians facing Division 293 tax on their income and deciding whether to pay it from their super.

Why you could be caught by the ‘wealth tax’ this year

Fast-rising wages and asset prices will leave more Australians facing Division 293 tax on their income and deciding whether to pay it from their super.

  • Tom Richardson
Cettire CFO Tim Hume has 2.5 million options which are now of the money after a major plunge in the share price this week.

Cettire CFO facing multimillion tax bill on ‘worthless’ share options

Tim Hume is one of the biggest casualties of a slump in the luxury retail platform’s share price. He faces a large tax bill, while his options are out of the money.

  • Carrie LaFrenz and Jonathan Shapiro
The consulting inquiry’s Senator Barbara Pocock.

Greens call for accounting firms to be limited to 100 partners

The maximum size of accounting partnerships should be cut from 1000 to 100, and audit firms should be forced to separate their consulting divisions, the Greens say.

  • Edmund Tadros and Maxim Shanahan
  • Exclusive
  • AI

Meet KymTax: KPMG’s AI tool can do a day’s mundane tasks in an hour

The big four firm has built an AI research assistant for tax professionals to speed up how quickly they can provide clients with tax advice.

  • Tess Bennett
Marquee Retail Group chairman Bernie Brookes.

Bernie Brookes’ retail business emerges from administration

The ex-Myer boss owns Colette and The Daily Edited. Just two months ago, his business was tipped into voluntary administration, but has emerged a much smaller group.

  • Carrie LaFrenz

Original URL: https://www.afr.com/topic/ato-jl0