Keep up to date with the latest news in the accounting world.
ATO reveals small business hit list to combat tax debt
The Tax Office hopes shedding light on its enforcement priorities will improve taxpayer compliance.
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What are the FBT implications of Employee Christmas Parties and Gifts?
The Christmas break-up party and/or gifts to employees can be exempt from Fringe Benefits if a few rules are followed.
Assess a business before you buy it
Ensure the business you buy is a worthwhile investment
Christmas Parties and Taxi Fare/Rideshare – FBT implications.
Some employers, who are commendably anxious to protect their employees and clients from the drink/driving laws, often pay for taxis/rideshare to and from the place of entertainment.
Practitioners cautioned on ATO’s top target areas for GST
A tax specialist has outlined three of the major GST areas on the ATO’s radar based on recent discussions.
ATO to target growing businesses in latest compliance blitz
The Tax Office will be contacting medium-sized and emerging businesses over the next month to review trusts, Division 7A and CGT concessions.
Our SG compliance results are here
Learn how we've responded to the non-payment of super guarantee (SG) in 2023–24.
Top 20 Most Watched Christmas Movies ever - pre covid
Check out the top 20 Most Watched Christmas Movies ever - pre covid
A Unique Advent Calendar
Businesses ghosting the ATO targeted in debt collection blitz
Clients failing to engage must “act now” or face rapid escalation of enforcement action, the Tax Office has warned agents.
Claiming the tax-free threshold: getting it right
If you’re an Australian resident for tax purposes, you don’t have to pay income tax on the first $18,200 you earn each year, from any source. This is called the “tax-free threshold”.
Aussies tired of ‘dodgy tax criminals’, warns ATO
The Tax Office has revealed that 250,000 tip-offs have been received about tax avoidance and dishonest behaviours since July 2019.
