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06.05.2022
Plutus fraudsters led lavish lives: Crown
Adam Cranston used his role in the $105 million Plutus Payroll tax fraud conspiracy to fund a lavish lifestyle of fast cars and aeroplanes, a jury has heard. Crown prosecutor Paul McGuire SC said a number of accused had personally benefited by receiving ...
06.05.2022
Commission finds employee’s conduct of upward bullying towards manager warranted disciplinary action
Workplace bullying occurs when a person (or a group of people) repeatedly behaves unreasonably towards another worker (or group of workers) and that behaviour creates a risk to the worker’s (or group of workers’) health and safety. Bullying is commonly ...
01.05.2022
ATO urged to use powers over unpaid super
The tax office has been urged to use more of its powers to recover superannuation payments from employers accused of withholding the payments from employees. A new auditor-general’s report released on Thursday recommended the ATO better use its ...
01.05.2022
Secret phone taps of ATO deputy commissioner’s son — discussing alleged multi-million-dollar tax fraud — played in court
A man accused of orchestrating an alleged $105 million tax fraud told his alleged co-conspirator it would be “bigger than Ben Hur” if the scheme was uncovered, tapped phone calls played in court have revealed. Key points: Five people have pleaded not ...
01.05.2022
Sharper lending algorithms and “more affluent” users turning Beforepay to profitability, CEO says
The fortunes of pay-in-advance fintech Beforepay appeared to shift on Thursday, after a new report contrasted losses against rapid customer growth and a significant reduction in debt write-offs. Beforepay, launched in 2019, takes cues from the buy now, ...
25.04.2022
Tax-deferred employee share schemes (ESS)
A tax-deferred scheme allows an employee to defer paying tax in relation to their employee share schemes (ESS) interests until the income year in which the deferred taxing point occurs, instead of paying tax in the year the interests are acquired. To be ...
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