News Muncher - searching for ato

1 week, 4 days ago

The 16-year-old schoolboy who could be the next Usain Bolt

The 16-year-old in the black-and-crimson kit blasts out of the starting blocks and proceeds to unfold his giant frame. The next day, Gout ran 200 meters in 20.04 seconds, surpassing Bolt’s best time at that age “These are adult times, and me—just a kid—I’m running them," Gout said. “As we arrived, the steward announced, ‘We have a special guest on …

Second Gout Bolt Usain Bolt 200 Boldon

2 weeks, 4 days ago

Pressure on banking sector to help stamp out financial abuse

ABC

Sabra Lane: Financial abuse of mainly women and children in failed relationships is a hidden epidemic, according to a federal parliamentary report handed down yesterday. The very first recommendation that we make, Sabra, is that the Australian government establish a mechanism for co-design with victim survivors of financial abuse and their representative groups in relation to legislation, regulatory, sector-driven reforms, …

Labor Abuse Financial Services Financial Abuse Work Recommendations Report

3 weeks, 4 days ago

More than 30 Australian laws changed overnight. Here's what's new

ABC

Dozens of new laws will come into force after a late-night scramble by the government to tick off most of its to-do list in a single night. The laws also clarify complainants may publish self-identifying information, or give consent for others to do so — an issue brought to prominence by former Australian of the Year Grace Tame. The new …

Social Media Australia Tax Pay Rules Thursday Night Big

1 month ago

Pradeep C. Nair | Help citizens of Nagaland, don’t worry about new Muivah threats

Deccan Chronicle

The media was abuzz recently with the statement NSCN general secretary Thuingaleng Muivah saying that the Centre has betrayed the letter and spirit of the August 2015 Framework Agreement, and now he was seeking “third party intervention”, failing which the NSCN would “resume the violent armed resistance against India”. The Naga movement itself has seen important landmarks, which include the …

Indian Myanmar Naga Manipur Nagaland Nagas Nscn

1 month, 1 week ago

Reminiscing Vistara

The Quint

In June this year, Air India refitted two new A320neo aircraft – VT-RTW and VT-RTZ – in a three-class configuration featuring eight seats in business, 24 extra legroom seats in premium economy, and 132 seats in economy class. After receiving its eighth aircraft, Vistara realised that there was not the kind of demand for business class seats on domestic routes …

India Economy Seats Class Vistara Premium Economy

1 month, 1 week ago

Tax office whistleblower Richard Boyle tells court he will take the stand to testify in his own defence during trial

ABC

Australian Taxation Office whistleblower Richard Boyle has told a South Australian court he plans to testify in his own defence when he stands trial next year. Mr Boyle told the SA District Court he intends to "take the stand" during his trial next year. However, last week Mr Boyle lost his last chance to secure immunity from prosecution when the …

Trial Tax Court Boyle Tax Office Mr Boyle Whistleblower

1 month, 2 weeks ago

Chris Ellison to step down and pay almost $9 million to Mineral Resources over tax evasion allegations

ABC

West Australian mining magnate Chris Ellison will step down from the company he founded almost 20 years ago over alleged tax evasion, which the company says damaged its reputation and confidence in his leadership. "There can be no doubt that the actions, decisions and behaviours of Mr Ellison have been profoundly disappointing and require sanction and penalty," Mineral Resources chair …

Financial Tax Tax Evasion Mineral Resources Resources Statement Company

1 month, 3 weeks ago

When does your tax have to be in by? What if you can't pay your bill?

ABC

Have you done your tax return yet? The deadline for submitting your 2023-24 tax return without penalty is getting close — here's what you need to know. You're not guaranteed a refund when you submit your tax return — you may even end up with a tax bill because you owe the ATO money. "If you lodge your own tax …

Tax Pay Payment Plan Submit Bill Return

4 months, 1 week ago

What is a spouse? Here are the ATO's definitions and why it could affect your tax return

ABC

Do you live with your partner? "Your spouse can be the same sex or a different sex, but they can't be a person who has another family relationship with you," an ATO spokesperson says. But, the main thing the ATO cares about is how long you lived together last financial year — or how much of the financial year you …

Relationship Tax Return Your Partner Ato Your Tax Return Spouse

4 months, 3 weeks ago

Lionel Elika Fatupaito dead: Samoa boxing coach dies at Paris Olympics

The Independent

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Olympic Paris Olympics Samoan Samoa Boxing Lionel Elika Elika Fatupaito Coach Dies

5 months ago

ATO moves to claw back $50 billion in debt, but during a cost-of-living crisis it's causing turmoil

ABC

The tax office is once again perceived as the 'bad cop' on the beat and it's the Albanese government that's given it a mandate to go hard and recoup more than $50 billion in debt owed, most of it by small business. ATO takes 'firmer' action against directors it says owe billions tax and super Photo shows Andrew Christodoulou pic …

Tax Director Workers Debt Small Businesses Billion Businesses

5 months, 1 week ago

As tax and superannuation debts grow, ATO issues tens of thousands of director penalty notices that could send more people bankrupt

ABC

A day after his 52nd birthday, Andrew Christodoulou got a nasty surprise in the mail. ATO issues more Director Penalty Notices and garnishee notices Financial year DPNs issued Garnishee notices 2018-2019 13,120 18,605 2021-2022 3,160 957 2022-2023 17,459 2,924 July 1 2023 – 29 February 2024 13,454 2,881 The ATO says "firmer debt collection actions" are needed because the agency …

Business Financial Director Penalty Notices Small Businesses Company

$Foreign demand for Aussie property running hot, but it's just a fraction of Australia's lucrative real estate market$

5 months, 3 weeks ago

Foreign demand for Aussie property running hot, but it's just a fraction of Australia's lucrative real estate market

ABC

In short: Foreign buyers purchased more Australian real estate this past financial year, compared to 2021-2022, according to ATO data. The data also shows foreign buyers made 5,360 residential real estate purchases in Australia over the past financial year, spending $4.9 billion. Top 10 sources of investment by value of approved residential real estate proposals Number Value 2022-23 2021-22 2022-23 …

India China Australia Financial Property Hong Kong Foreign Investment

5 months, 4 weeks ago

Lyles and Snoop help NBC post best track trials ratings in 12 years

Associated Press

EUGENE, Ore. — The combination of Noah Lyles, Snoop Dogg and 16-year-old Quincy Wilson running for a spot in the Olympics lifted NBC to its largest audience for the U.S. track trials since 2012, according to Nielsen. Viewership for the Sunday night presentation of the trials peaked at 5.7 million viewers at around the time Lyles was stepping on the …

Lyles Million Viewers Snoop Help Nbc

7 months, 1 week ago

Cash for Aussies: Everything that you're getting under Albanese government's latest budget

Daily Mail

The Albanese government's budget includes giving money back to families for their energy bills, a cap on the price of prescriptions, and more help for struggling renters. Treasurer Jim Chalmers handed down the Budget on Tuesday night, boasting of a $9.3 billion surplus driven by a strong labour market and increased commodity prices TAX CUTS FOR AUSSIES Labor will reduce …

Support Tax Inflation Work Debt Help Cent

7 months, 1 week ago

BUDGET 2024: A $300 boost for every Aussie, student debt wiped, tax cuts for millions and major change for overseas travellers: Albanese government hands down latest Budget

Daily Mail

Labor has announced major cost of living support for struggling Aussies in a pre-election pitch to Aussies as it tries to win over voters. Treasurer Jim Chalmers handed down the Budget on Tuesday night, boasting of a $9.3 billion surplus driven by a strong labour market and increased commodity prices. Treasurer Jim Chalmers handed down the Budget on Tuesday night, …

Labor Support Housing Students Tax Budget Domestic Violence

8 months ago

Saturday's Transactions

Associated Press

BASEBALL Major League Baseball American League DETROIT TIGERS — Placed 3B Gio Urshela on the 10-day IL. National League CHICAGO CUBS — Recalled LHP Luke Little from Iowa as the 27th man for a doubleheader. Minor League Frontier League FLORENCE Y’ALLS — Signed RHP Gunnar Groen and LHP Joe Kemlage. Minor League Hockey AHL AHL — Suspended San Jose F …

New York Signed Rhp Lhp Recalled F Pcl Il Placed

8 months, 1 week ago

Thursday's Transactions

Associated Press

BASEBALL Major League Baseball American League BALTIMORE ORIOLES — Claimed INF Livan Soto off waivers from Los Angeles Angels and optioned him to Norfolk. Minor League Hockey AHL IOWA WILD — Signed G Peyton Jones from Iowa loan, to a professional tryout contract. SPRINGFIELD THUNDERBIRDS — Signed RW Ryan Smith on loan from Adirondack to a professional tryout contract. UTICA …

Contract Florida Iowa New York Philadelphia Injured Reserve Injured

8 months, 3 weeks ago

Fears not-for-profit organisations don't have time or expertise to adapt to new ATO tax rules

ABC

In short: A new tax rule has some not-for-profit organisations concerned about their futures. Under the changes, not-for-profit organisations must notify the tax office of their tax exemption status or start paying income tax. From July 1, such organisations must notify the tax office of their tax exemption status for the first time, or start paying income tax. "From 1 …

Tax Income Tax Changes Houses House Organisations Ato

8 months, 4 weeks ago

Tax office criticised for resurrecting old debts worth billions and causing Australians distress

ABC

Two federal ombudsmen have joined forces to launch a scathing review of the tax office and call on government agencies to act more fairly when they chase people for debts. The Australian Taxation Office is owed tens of billions of dollars' worth of income tax debts it once dismissed as being "uneconomical to pursue". Tax Ombudsman Karen Payne said there …

Office Commonwealth Ombudsman Report Anderson Mr Anderson Payne

9 months ago

ATO chases small businesses for $34b in debt, insolvencies tipped to hit post-global financial crisis levels

ABC

The tax office is chasing more than $34 billion worth of debts owed by small businesses and self-employed Australians that were put on hold during COVID, and sometimes using aggressive enforcement action to collect the money, which experts say is sending some businesses to the wall. "If the ATO were to pursue this debt aggressively, you'd probably find a lot …

Action Financial Recovery Insolvency Debt Recovery Debt Small Businesses

9 months, 1 week ago

The ATO is reviving old tax debts totalling billions, threatening some taxpayers with bankruptcy

ABC

After escaping an abusive partner more than a decade ago, Adriana Carrington felt life was just getting back on track. While the debt still theoretically exists, typically the ATO doesn't pursue debts that are deemed "uneconomical to pursue" because it's more costly for the agency to chase them down than to write them off. "The ATO should consider waiving a …

Tax Interest Old Small Carrington Some Cases Ato

11 months, 2 weeks ago

Will 2024 finally be a happy new year for the Australian economy?

ABC

When we said "happy new year" last week, for the first time in quite a while it may actually turn out to be true, at least in an economic sense. That kind of forecast has traders on the financial markets fully pricing in a Reserve Bank rate cut by September this year, on hopes that inflation will be close to …

Tax Inflation Pay Income Interest Rates Risk Wages

1 year, 1 month ago

Lots of companies pay little to no tax. It's often totally legal. But should taxpayers reward them?

ABC

There's a contradiction at the heart of the Australian government's relationship with the corporate world. Many large multinational companies use complicated structures to move money they've made in Australia from Australian customers to countries that have lower tax rates and pay the tax there. But, again and again, when our government chooses who to spend our money with it frequently …

World Legal Services Money Companies Company Billion

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Search results for ato

The 16-year-old schoolboy who could be the next Usain Bolt

Pressure on banking sector to help stamp out financial abuse

More than 30 Australian laws changed overnight. Here's what's new

Pradeep C. Nair | Help citizens of Nagaland, don’t worry about new Muivah threats

Reminiscing Vistara

Tax office whistleblower Richard Boyle tells court he will take the stand to testify in his own defence during trial

Chris Ellison to step down and pay almost $9 million to Mineral Resources over tax evasion allegations

When does your tax have to be in by? What if you can't pay your bill?

What is a spouse? Here are the ATO's definitions and why it could affect your tax return

Lionel Elika Fatupaito dead: Samoa boxing coach dies at Paris Olympics

ATO moves to claw back $50 billion in debt, but during a cost-of-living crisis it's causing turmoil

As tax and superannuation debts grow, ATO issues tens of thousands of director penalty notices that could send more people bankrupt

Foreign demand for Aussie property running hot, but it's just a fraction of Australia's lucrative real estate market

Lyles and Snoop help NBC post best track trials ratings in 12 years

Cash for Aussies: Everything that you're getting under Albanese government's latest budget

BUDGET 2024: A $300 boost for every Aussie, student debt wiped, tax cuts for millions and major change for overseas travellers: Albanese government hands down latest Budget

Saturday's Transactions

Thursday's Transactions

Fears not-for-profit organisations don't have time or expertise to adapt to new ATO tax rules

Tax office criticised for resurrecting old debts worth billions and causing Australians distress

ATO chases small businesses for $34b in debt, insolvencies tipped to hit post-global financial crisis levels

The ATO is reviving old tax debts totalling billions, threatening some taxpayers with bankruptcy

Will 2024 finally be a happy new year for the Australian economy?

Lots of companies pay little to no tax. It's often totally legal. But should taxpayers reward them?