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Category: ATO matters

ATO third-party data collection: implications for taxpayers
As the Australian Taxation Office (ATO) expands its use of data-matching technology, businesses and individuals...
Succession planning in ATO spotlight
Wealthy privately-owned groups have seen an increase in unexpected tax consequences as the ATO firms...
ATO debt reaches $105b ahead of EOFY 2024-25
The ATO is currently owed over $105 billion in unpaid debt, Commissioner of Taxation Rob...
Increased Cost of Tax Debt: ATO Crackdown Continues
From July 1, 2025, the general interest charge (GIC) and shortfall interest charge (SIC) will...
15% Withholding on Property Sales: New Tax Rule for Australian Sellers in 2025
As of January 1, 2025, all Australian residents for tax purposes must provide a clearance...
Rising ATO pressure: stay informed on Director Penalty Notices
Small and medium businesses are facing increasing pressure as the Australian Taxation Office (ATO) ramps...
ATO Client-to-Agent linking changes
In April 2024, the Australian Taxation Office (ATO) announced a number of changes to the...
Working at home tax deduction due to COVID-19
Recently announced by the Australian Taxation Office is a remodel to a concept many...
TAX TIME QUESTIONS
At tax time and everybody wants to get their refund. At Optima Partners we...
What you need to know about claiming Self-education expenses
Have you undertaken studies at an educational institution, attended conferences/seminars or commenced an online learning...
Privacy ? What Privacy?
Privacy ? The Australian Taxation Office (ATO) is a very busy organization. It does much,...
Data Matching & Reportable Income
People often think of the Australian Taxation Office (ATO) as the big bad wolf on...

Latest News

SMSF property investment: A comprehensive guide
For many investors, a popular way to invest directly in residential or commercial property is...
Super tax still on the table after first parliament session
The first sitting fortnight of the 48th Federal Parliament shed little light on the fate...
Capital gains tax in Australia: what you need to know before you sell assets
Capital gains tax (CGT) in Australia applies when you sell certain assets. Understanding the consequence...
Key Dates – August 2025
August 11: Q4 (April–June) activity statements lodged electronically – final date for lodgement and payment....
Small business tax deductions in Australia: what you can and can’t claim
The small business sector is the backbone of the Australian economy, representing over 95% of...
Important changes for FY 2025-26
Recent tax changes will affect how businesses manage cash flow, debt and compliance obligations. In...
Key Dates – July 2025
July 1: Beginning of 2025-26 financial year. July 21: Lodgement and payment of June 2025...
ATO third-party data collection: implications for taxpayers
As the Australian Taxation Office (ATO) expands its use of data-matching technology, businesses and individuals...
Succession planning in ATO spotlight
Wealthy privately-owned groups have seen an increase in unexpected tax consequences as the ATO firms...
Tax misinformation: CPA warns against AI and influencers
Taxpayers are increasingly turning to unreliable sources for tax advice as the 2024-25 financial year...