Budget increase plus CPI will push up lodgement penalties 35%
Fines for individuals could exceed $1,500 and for big business more than $750,000, says the Tax Institute.
Source: accountantsdaily.com.au
Stay updated with breaking news from Touch Payroll. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Fines for individuals could exceed $1,500 and for big business more than $750,000, says the Tax Institute.
Industry super and investment, respect for head of state, Voice to parliament, wage growth and data, Kevin Rudd and the Murdochs.
Hard decisions are off the table but not all is lost, says an accounting body.