News

Category: ATO matters

FAMILY HOME – CGT – TAMPERING WITH THE SACRED COW
 – FAMILY HOME – Capital Gains Tax (CGT) –  TAMPERING WITH THE SACRED COW “Moo!”...
THE PRICE OF CASH
The Australian Taxation Office (ATO) has had a crack-down on cash payments in the construction...
SELF-EDUCATION EXPENSES
Self-education expenses Self-education is one way of ensuring you keep up to date with developments...
TAXPAYERS OBLIGATIONS AND RIGHTS
The saying goes that there is nothing as certain as death and taxes, but that...
GOODS AND SERVICES TAX (GST) MARGIN SCHEME
If you sell property as part of your business, you may be eligible to use...
IS THERE A CASE FOR INCREASING THE GST?
Nobody likes a tax increase. Just the mention of a tax increase is likely to...
HOW WILL YOUR HECS-HELP LOAN AFFECT YOUR TAX RETURN?
Have you studied at university and applied for a HECS-HELP loan to help pay for...
WHAT ARE EMPLOYER OBLIGATIONS TO EMPLOYEES OR CONTRACTORS?
WHAT ARE EMPLOYER OBLIGATIONS TO EMPLOYEES OR CONTRACTORS? Often we see employers who don’t issue...
ARE YOU AN AUSTRALIAN RESIDENT ?
Australian Resident After spending several weeks of hard work and endless phone calls, getting a...
NO MORE ZONE TAX OFFSET FOR FIFO WORKERS
The 2015 financial year will be the last year in which “Fly-In-Fly-Out” or “Drive-In-Drive-Out” employees...
THE $20,000 INSTANT ASSET WRITE OFF – SHOULD IT BE AN OPTION FOR YOUR BUSINESS?
THE $20,000 INSTANT ASSET WRITE OFF This shouldn’t be news to any Small Business owners,...
UBER – THE APP AND GST IMPLICATIONS
The world has changed so dramatically in the last 20 years that at times it...

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...