15 JANUARY 2019
The Australian Taxation Office (ATO) is utilising data provided by the Australian Securities and Investments Commission (ASIC) to data match share trades.
If taxpayers do not meet their Pay As You Go (PAYG) withholding tax obligations, from 1 July 2019 they will not be able to claim a tax deduction for payments:
The Government has announced that it will update the definition of what constitutes a large proprietary company for Australian Securities and Investments Commission (ASIC) reporting purposes by raising the three thresholds.
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