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08 Oct 2020 ASIC Updates

WA financial adviser charged with dishonest conduct

On 1 October 2020, Rahul Goel, of Success, Western Australia, appeared before the Perth Magistrates Court charged with four counts of dishonest conduct.

ASIC alleges Mr Goel contravened sections 1041G (1) and 1311 (1) of the Corporations Act 2001 (Cth) by engaging in dishonest conduct while carrying on a financial services business via his company AR Wealth and Finance Pty Ltd.

If convicted, each offence carries a maximum penalty of 15 years’ imprisonment.

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Latest news on tax law and policy

Latest news from the ATO on tax law and policy.

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Multilateral Instrument

The Multilateral Instrument swiftly modifies tax treaties to better address multinational tax avoidance and better resolve tax disputes.

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Foreign exchange rates

A list compiled by the ATO of daily, monthly and annual foreign exchange rates. Updated to include monthly rates from the Reserve Bank of Australia for September 2020.

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Advice under development program

The ATO develops public advice and guidance to help you to understand your obligations and to be aware of your rights and entitlements.

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Advice under development - international issues

The ATO is developing advice and guidance on the following international issues.

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Advice under development - administration issues

The ATO is developing advice and guidance on the following administration issues.

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2020 completed issues

This page displays a list of completed ATO public advice and guidance issues for the 2020 year.

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System maintenance delivers new enhancements

The ATO has made some improvements to their systems during scheduled quarterly maintenance. Find out what they are here. 

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Avoid common lodgment deferral errors

Follow these ATO tips to avoid common errors that slow down the processing of lodgment deferral requests. This will help the ATO respond to your deferral requests as quickly as possible.

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Updates to tax withholding schedules

The ATO stands ready to implement the measures announced in the 2020 Federal Budget.

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