Extra 44,000 taxpayers face Div 293 superannuation tax
An extra 44,000 taxpayers have been hit with the additional 15% Division 293 tax for [...]
Government consultation on sharing economy reporting
The government has released a consultation paper seeking views on a possible reporting regime to [...]
ATO refers overdue lodgments to external collection agencies
The ATO has recently started referring taxpayers with overdue lodgment obligations to an external collection [...]
ATO warns about new scams in 2019
The ATO is warning taxpayers to be alert for scammers impersonating the ATO, using a [...]
Proposed increase for small business instant asset write-off
Prime Minister Scott Morrison recently announced the government’s intention to increase the instant asset write-off [...]
Super guarantee compliance: time to take action
The government’s latest initiatives targeting non-compliance with superannuation guarantee (SG) obligations give businesses plenty to [...]
Single Touch Payroll reporting for small businesses: get ready!
Legislation has recently passed to bring in Single Touch Payroll (STP) reporting for all small [...]
GST on property developments involving government
The ATO says it is reviewing arrangements involving property developers acquiring land from government entities, [...]
Genuine redundancy payments: alignment with Age Pension age
The Federal Government has announced that it will amend the law to extend the concessional [...]
Home office running expenses and electronic device expenses
The ATO has released an updated version of Practice Statement PS LA 2001/6, its guidance [...]