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Key lodgment and payment dates for business for June. 5 June Lodge tax return for all entities with a lodgment due date of 15 May

The ‘ace in the hole’ of the 2023-24 Federal Budget was the $4.2bn surplus; the first in 15 years. The surplus was driven by a

Key lodgment and payment dates for business for May. 12 May Activity statements refer to the two week lodgment concession for information on your eligibility for this

The explosion of OnlyFans, YouTubers, TikTokers and others all offer an opportunity for ‘content creators’ to profit from the audiences they generate. But now the

The Australian Taxation Office (ATO) has launched a full-on assault on rental property owners who incorrectly report income and expenses. The ATO’s assessment, based on

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