ATO backs down from controversial time limit ruling
In 2018, the ATO issued a controversial draft ruling which took a very strict stance [...]
Super guarantee opt-out for high income earners
Under the superannuation guarantee framework, employers are required to contribute a minimum percentage (currently 9.5%) [...]
Tax relief for drought-stricken farmers
With drought sweeping across the country, farmers are being offered access to concessional loans, grants [...]
Less tax for some working holiday makers?
The working holiday tax rate (commonly known as the “backpacker tax”) has generally applied from [...]
Non-commercial losses: do the rules apply to you?
If you have a business in addition to your main employment, the non-commercial loss rules [...]
Crowdfunding: is it income?
Crowdfunding has fast become a go-to strategy for people in need of large amounts of [...]
ATO debts may affect your credit rating
Businesses with tax debts need to be aware that the ATO will now be able [...]
Beware of insurance changes in superannuation
Since July this year, super funds have been required to cancel insurance on accounts that [...]
ATO to scrutinise every return for tax time 2019
The ATO has announced that it will scrutinise every tax return lodged during Tax Time [...]
Selling shares: how does tax apply?
Whether you own just a few listed shares or have an extensive portfolio, understanding how [...]