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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

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...
Key Dates – June 2025
June 5: Lodge 2024 tax returns for all entities that did not need to lodge...
ATO debt reaches $105b ahead of EOFY 2024-25
The ATO is currently owed over $105 billion in unpaid debt, Commissioner of Taxation Rob...
Cash flow crunch: SIC, GIC and super guarantee increase
Small and medium businesses could be facing a cash flow crunch in the wake of...
Planning for EOFY 2024-25
With the end of the 2024-25 financial year in sight, the time has come again...