The ATO has announced that one of its compliance focuses for the upcoming year will be GST compliance. The program will involve a combination of compliance and education to help... read more →
The Superannuation Clearing House is a free service offered by the ATO to help small businesses in meeting their superannuation obligations. It is available to businesses with fewer than twenty... read more →
For many employers, it can be easy to forget the responsibility of managing your super obligations amidst the busy lifestyle of managing a business or company. However, those who fail... read more →
It is essential for all small businesses to have an effective record keeping system in place. Having your records in good working order will significantly reduce the stress that comes... read more →
The structure of the workforce is transforming, and many business owners are struggling to make sense of the rapid changes. The problem is that regulation, especially from the tax office,... read more →
Every year, the ATO announces a number of compliance targets that will be subject to additional scrutiny. It always pays to be aware of these focuses, as non-compliance is, more... read more →
Over two million motor vehicle records are set to be examined in an attempt to identify noncompliant taxpayers. Records for the sale, transfer and registration of vehicles valued at over... read more →
The ATO has indicated that it intends to undertake an extensive examination of share transactions - dating all the way back to 1985! The objective of the data matching activity... read more →
The ATO is preparing to enter into the second phase of its dividend washing compliance program. Over 3000 individuals and entities have now received written correspondence requesting that they amend... read more →
Recently appointed Taxation Commissioner, Chris Jordan, is striving to see the ATO reduce red tape for small business owners. The aims include: • Providing more targeted, accessible and reliable services... read more →