News in brief…24 September 2024

ATO update: Annual GST return reporting added to Top 100 and Top 1,000 GST assurance review; APRA remakes interest rate risk framework prudential standard as transitional measure

ATO update: Annual GST return reporting added to Top 100 and Top 1,000 GST assurance review The Australian Taxation Office (ATO) will be introducing a supplementary annual GST return for the Top 100 and Top 1,000 public and multinational business taxpayers who have received a GST assurance review. According to the ATO, the information that is to be provided in the annual GST return will "enable more targeted and less resource intensive justified trust reviews for many taxpayers". The annua...

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Published Date: 24 September 2024