Guidance on when a company carries on a business
With reduced company tax rates available for some businesses in recent years, and changes in [...]
Fringe benefits tax: rates, thresholds and ATO focus for 2019–2020
The ATO has issued its annual rulings about rates and thresholds that apply for the [...]
ATO to ramp up ABN investigations and cancellations
As part of the ATO’s work to ensure the integrity of the Australian Business Register, [...]
Property used for storage an active asset for small business CGT concession purposes
The Administrative Appeals Tribunal (AAT) has decided that a property a small business owner used [...]
ATO finds 90% error rate in sample of rental property claims
ATO Commissioner Chris Jordan has advised that as part of the ATO’s broad random enquiry [...]
Super guarantee amnesty not yet law: ATO will apply existing law
The ATO reminds businesses to be aware that under the current law, if they have [...]
Single Touch Payroll: low-cost solutions now available
Single Touch Payroll (STP) is a payday reporting arrangement where employers need to send tax [...]
Compensation for defective ATO administration: review announced
Mr Robert Cornall, a former Secretary of the Attorney-General’s Department, will lead a review of [...]
Early recovery of small business tax debts: ATO to be scrutinised
Minister for Small and Family Business Michaelia Cash has asked Australian Small Business and Family [...]
ATO small business benchmarks updated
The ATO has released its latest small business benchmarks, providing over 100 different industries with [...]