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The Latest Breaking News from ATO

Corporate tax soars but many paid nothing

The COVID-19 recovery and commodity prices delivered a record year for corporate taxes, however hundreds of big businesses did not pay a cent.

AAP

Almost 800 large companies paid no tax in 2020-21, Australian Taxation Office report reveals

Thirty-two per cent of Australian public companies paid no tax in 2020-21, according to ATO data, although the tax office says most have legitimate reasons for not doing so.

ABC News

Australians owe almost $45b in unpaid tax

The Australian Taxation Office is going after businesses and "resistant" individuals who collectively owe tens of billions in unpaid taxes.

AAP

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Medibank, Optus hacks and ATO attacks expose identity-theft risks, warn cyber security experts

Cyber security experts warn the latest data breach of a major company should have all companies and consumers worried about the seemingly innocuous collection of data.

ABC News

Creditors throw lifeline so Napoli Centrale remains open

COVID-19 slams Newcastle-based Italian restaurant group.

Newcastle Herald

The 2022 tax return deadline is looming: When do I need to lodge my expenses? How much will I get back?

The deadline to lodge your tax return for the last financial year is approaching fast. Here's what you need to do to avoid copping fines.

ABC News

Employers underpaid superannuation by a whopping $33 billion in recent years

Rogue employers are underpaying 2.8 million Australians' superannuation payments and the ATO is only recovering 15 per cent of that total

The New Daily

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Whistleblower Richard Boyle tells court tax office work culture was ‘woeful’

Former ATO employee facing 24 charges after raising concerns publicly about aggressive pursuit of debts in 2018

The Guardian - AU

Whistleblower Richard Boyle feared ATO tactics would cause ‘suicide in community’, court hears

Boyle hopes he will be protected by public interest disclosure laws after he aired claims of aggressive tax office debt collection methods in 2018

The Guardian - AU

Whistleblower Richard Boyle tells of PTSD developed from 'gobsmacking' ATO work

Former tax officer Richard Boyle tells a South Australian court of some of the alleged directives he disagreed with while working at the ATO, including one he was worried would cause suicide and death "on a massive scale".

ABC News

Whistleblower case stalls over legal issue

Action by a tax office whistleblower to try to block his prosecution has been stalled after a judge refused to proceed without the facts of the case before her.

AAP

Call to end ATO whistleblower prosecution

The Human Rights Law Centre has called on the Commonwealth to withdraw its prosecution of tax office whistleblower Richard Boyle.

AAP

Accountants report spike in hackers lodging false tax returns, superannuation claims

With almost half the adult population of Australia affected by the Optus security breach, questions are swirling about how stolen identity data can be misused.

ABC News

Court document filed by ATO whistleblower as part of immunity application details 'bad culture' at department

South Australian whistleblower Richard Boyle has accused the Australian Taxation Office (ATO) in court documents of being "callous" after taxpayer threats of suicide went ignored by senior Adelaide staff members.

ABC News

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The Guardian - AU

Whistleblower claims ATO was ‘callous’ when taxpayer said he was ‘losing will to live’ over debts

Richard Boyle alleges tax office blocked him from helping individuals and one senior staff member said ‘I am sick of taxpayers threatening suicide’

The Guardian - AU

Are Australia’s whistleblowing laws fit for purpose? A former tax officer’s hearing may tell us

Richard Boyle will try to convince a court he should be protected by the Public Interest Disclosure Act. If he fails, the calls for a legal overhaul of whistleblower protections will likely be overwhelming

The Guardian - AU

Courts lift suppression orders on ATO whistleblower Richard Boyle’s landmark case

Boyle took unprecedented step of invoking Australia’s whistleblower protections after exposing tax agency’s aggressive debt collecting practices in 2018

The Canberra Times

Major funds circling ATO building despite confirmed move

The seller could fetch around $300 million for the prominent Civic site.

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The Canberra Times

'A chilling example': Dreyfus urged to drop ATO whistleblower case

The whistleblower is facing life in prison for revealing harsh debt recovery practices by the ATO.

The New Daily

Selling your investment property? Here’s what to consider

Obviously, when selling an investment property, your primary consideration should be obtaining the best price. But there are plenty of other factors.

ABC News

Australians raided $1.6 billion in superannuation savings to pay for health care

Australians raided almost $1.6 billion from their own superannuation accounts to pay for treatments including dental, IVF and elective surgery in the past three years, almost 20 times more than a decade ago.

AAP

Qld mother-of-five jailed over $200k fraud

A woman who obtained nearly $200,000 from the government by forging documents was blocked by the ATO in her attempts to get a further half a million dollars.

ABC News

Fewer than 120,000 people inhabit Kiribati yet they apparently hold $682m in Australian banks

Fewer than 120,000 people inhabit Kiribati and the median household income is about $12,000. Yet data released by the Australian Taxation Office reveals $682 million in Australian bank accounts belong to foreign tax residents from the tiny Pacific nation.

The New Daily

Raiding retirement: How a million Australians emptied their super fund during COVID-19

Around $38 billion was withdrawn from super funds as emergency payments and about a million people cleaned out their entire retirement savings.

AAP

Accountant's 'misguided' loyalty to client

A senior tax accountant has been sentenced to a two-year intensive corrections order for lying to the Australian Taxation Office about a client.

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