The ATO is making it easier for Australians working from home to claim deductions for additional running expenses while working from home. The ATO will allow individuals to claim a …
Directors to be personally liable for outstanding GST Amounts. Don’t Get Caught Out !
Directors will have a personal obligation to ensure that the companies they run either pay their GST debts or are placed into liquidation. If this does not occur then the …
Beware of Scammers
The ATO is warning tax payers to be on high alert to scammers. ATO has seen an increase in scam phone calls, especially those using software that resembles a legitimate phone number to disguise the caller’s true identity.
Getting PAYG Withholding Right
New penalties for business’ pay-as-you-go (PAYG) withholding and reporting obligations will commence 1 July 2019, with businesses now prevented from claiming deductions for payments to employees and certain contractors if …
Tax Tips for Airbnb / Stayz Hosts
The ATO is reminding taxpayers who rent out all or part of their home through accommodation sharing services to ensure they understand their tax obligations. Declare income The most important …
Over 65? New Downsizing your home into super changes
The downsizer contribution initiative is due to come into effect on the 1 July 2018. Late last year the Government passed its policy which allows super fund members over the …
Why You Need to Pay Your Super Obligation on Time!
So many businesses pay their super guarantee liability on the due date (or worse, days after). This could be due to cashflow, failing to plan ahead or simply just forgetting …
ATO Tax traps List
The Australian Tax Office (ATO) often focuses on specific behaviours, characteristics and tax issues that are suspicious and can lead to investigations. Due to enhancements in technology, the ATO has …