“Our full attention”: ATO steps up enforcement as small business fails to pay $11 billion in tax Tax Matthew Elmas 27 August 2019 The small business tax gap eclipsed $11 billion in 2015-16, so the tax office is stepping up efforts to curb black economy activity.
“Nudges and warnings”: ATO steps up super payments crackdown Tax Matthew Elmas 22 August 2019 The ATO says it will be stepping up its enforcement of superannuation guarantee laws amid increasing availability of real-time data.
“Give us a call”: Fast-tracked tax refunds on offer for flood-affected businesses Tax Matthew Elmas 19 August 2019 The tax office has advised flood-affected businesses they can access additional support, including fast-tracked tax refunds, to get back on their feet.
Tax refunds hit $10 billion as ATO processes four million returns Tax Matthew Elmas 16 August 2019 The ATO has warned taxpayers about reporting their income incorrectly as it reveals $10 billion in refunds has been processed this year so far.
Tax office whistleblower launches crowdfunding campaign to help face off possible 161-year prison sentence Tax Matthew Elmas 12 August 2019 A tax office whistleblower facing a possible 161-year jail sentence for shining a light on ATO debt collection behaviour is asking for public support.
“Audacious”: Fake cigar entrepreneur jailed for dodgy business tax claims Tax Matthew Elmas 2 August 2019 A man who submitted dodgy business tax claims has been sentenced to two-years-four-months' jail time.
Denied: The five most outrageous tax expense claims Tax Matthew Elmas 31 July 2019 From lego blocks to wedding receptions, here are the wildest attempts at getting taxpayer support from last financial year.
To report or not to report: How the ATO’s focus on crypto applies to you Tax Leah Callon-Butler 31 July 2019 The ATO is using data from digital currency exchanges to identify buyers and sellers of cryptocurrency. Here's what you need to know.
ATO to visit 700 businesses as it hunts for black economy bandits Tax Matthew Elmas 30 July 2019 The tax office will knock on the doors of 700 businesses in Western Australia next month as part of ongoing efforts to address black economy activity.
“Black hole of credit-reporting bureaus”: Government proposes allowing ATO to share tax debt info Tax Matthew Elmas 25 July 2019 A government proposal to allow the tax office to share unpaid bills with credit bureaus is being closely watched by the ASBFEO.
How the Australian government stitched up its own tax office Single Touch Payroll Matthew Elmas 16 July 2019 Asked now to pat its belly while rubbing its head by administering the tax offset alongside STP, the tax office is still untying its hands.
Single Touch Payroll signups almost doubled in June, but more than 85% are still missing Tax Matthew Elmas 2 July 2019 Single Touch Payroll onboarding has seen the number of firms under the scheme almost double in a month, but many more are yet to make the switch.
