The ATO has put professional business owners on notice. Here’s what you need to know
The Australian Taxation Office has issued its new approach to professional firm profits, but what does the new guideline mean for business owners?
Major ATO website outage puts accountants on edge ahead of June 5 concession deadline and HECS-HELP indexation
A major Australian Taxation Office (ATO) website outage left small businesses and accountants unable to file claims over the weekend.
Doggy daycare, Ugg boots and Tim Tams: The six things you can’t claim this tax time
CPA Australia is trying to help Aussies stay on the ATO’s good side, with resident tax expert Elinor Kasapidis sharing the six deductions that won’t get past the tax office this time around.
Six EOFY tips for tradies
To help out tradies running their businesses, hipages CEO and co-founder Roby Sharon-Zipser has pulled together six top tips for getting the most out of any EOFY windfalls.
The four things the ATO is cracking down on during tax time
Cryptocurrency gains, work-from-home deductions, rental income, and record keeping are the four areas in the ATO's sights as we approach the end of the financial year.
‘Overdue’: The ATO is cracking down on small business tax debts by issuing 40 director penalty notices a day
The ATO is ramping up its issuance of director penalty notices — which can hold current and former company directors personally liable.
ATO warns businesses to be on top of fringe benefits tax as lodgement deadline looms
Fringe benefits tax might just be a problem business owners need to think about, with a May 23 lodgement deadline looming for people not doing their tax paperwork with the assistance of a registered tax agent.
Fuel costs are only going to get worse, so businesses need to reassess their budgets
Pitcher Partners' Craig Whatman and Peter Quattrocchi explain why the change in fuel tax credits will make the the next 12 months extremely tough for the freight and transport industries.
Why the Stage 3 tax cut won’t benefit everyone, and work against the RBA’s measures to counter inflation
The Reserve Bank is pushing up interest rates to take money out of our hands, so why is the government scheduled to do the opposite?
‘You are not anonymous’: Tax office goes after 40,000 people in $850 million scam
The con involved creating a sham business and ABN application, and then submitting falsified business activity statements to receive a fraudulent GST refund.
Cheat sheet: Bad debts, and how to write them off
Do you know the difference between your bad debts and doubtful debts? This cheat sheet explains everything you need to know when writing off debt.
Insolvencies climb as the ATO ups the pressure on directors
New figures released this week show the number of companies entering external administration in March climbed to 463, a 30% jump on February and nearly 80% higher than January.
