The Australian Tax Office (ATO) is constantly committing more resources to checking tax returns and using modern technology to help nab offenders. So be prepared – the tax office is... read more →
Individuals can claim tax deductions when giving gifts or donations to organisations that have the status of deductible gift recipients (DGR). To be eligible to claim a tax deduction for... read more →
The ATO is working with insurance companies to assess artworks and collectables owned by taxpayers and identify the owners of these kinds of assets. There has been an increasing concern... read more →
Business owners would do well to ensure they do the right thing over the next three months to avoid being caught out by the ATO. The next three months will... read more →
Don’t get caught out by the ATO when lodging your work related expense claim this financial year. Unusually high work-related expense claims from any industry or occupation in the country... read more →
Tax debts and payment plans Making a request to the ATO for a repayment arrangement does not necessarily guarantee that one will be granted. While a repayment arrangement is an... read more →
I don’t know about you, but every time I watch a TV program or read about someone who’s trying to make other people’s lives better, especially children’s, all I want... read more →
Following a number of recent cases involving directors claiming that penalties under the director penalty regime should not apply to them, the ATO has released an update to counteract any... read more →
The Commissioner of Taxation is encouraging taxpayers to declare tax shortfalls at their own discretion. Usually, an underpayment in tax will incur a serious penalty on top of interest. However,... read more →
The fuel tax credit scheme plays a vital role in sustaining the production of goods and services in regional Australia by providing a credit for the tax included in the... read more →