News

1.7 million taxpayers will be drawn into the ATO’s residential investment property data matching program utilising bank data. The focus is on taxpayers incorrectly apportioning

The 2023-24 Federal Budget will be released on Tuesday, 9 May 2023. Look out for our update the next day on the important issues to

Key lodgment and payment dates for business for April. 21 April Activity statements March monthly activity statements – final date for lodgment and payment. Quarter 3 (January–March)

When you start up a business, inevitably, it consumes not just a lot of time but a lot of cash and much of this is

Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) has released new details on

Part IVA is the general anti-avoidance provision that the ATO can use to attack arrangements contrived to obtain tax benefits. So why is the ATO

International tax planning involves several strategies to reduce taxes for multinational corporations or businesses operating across multiple jurisdictions. One such strategy is to manage the

Taxpayers claiming deductions on holiday homes are in the ATO’s sights. The ATO is concerned that people with holiday homes are claiming more deductions than

The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you

The Government has announced that from 2025‑26, the concessional tax rate applied to future earnings for superannuation balances above $3 million will increase to 30%.

The Final Guidance on s100A The ATO has released its final position on the application of section 100A targeting situations where a trust appoints income