Aged Care Royal Commission terms of reference
The terms of reference and website for the Aged Care Royal Commission have been released. https://agedcare.royalcommission.gov.au/Pages/default.aspx #CDCHomeCareConsumerDirectedCare #CDCinNursingHomes #CHSP #AgedCareCommunityCareHomeCareNDISRetire #news
New penalties being considered for late or fraudulent tax lodgements
It has been reported that the government is considering a huge change to penalties for late reporting and fraudulent reporting. Examples being considered are: If Single Touch Payroll isn't reported, then not allowing the tax deduction for the whole cost of salaries not reported. BAS not reported, not allowing the tax deduction of any expenses that should have been reported in those missing BAS reports. If taxable income is understated fraudulently or no reasonable care take,
