ATO-led taskforce promises “full force of the law” against small businesses using tech to avoid tax
Small businesses using software to digitally cook the books have been put on alert, as investigators led by the Australian Taxation Office crack down on the use of electronic sales suppression tools (ESSTs).
“Draconian crap”: ATO commissioner’s “free loan” warning challenged by SmartCompany readers
Australian tax chief Chris Jordan's "unapologetic" focus on small businesses "treating ATO liabilities like a free loan" has sparked a strong response from the SME community.
ATO exposes three common errors small businesses are making this tax-time
As small businesses complete their tax-time filings, the Australian Taxation Office has issued a quick and concise guide to the most common errors it is observing in SME lodgments.
ATO issues fresh scam warning as fake myGov SMS and email trick taxpayers
Scammers are inundating targets with fake messages asking them to provide their myGov details, the Australian Taxation Office has revealed, while urging taxpayers to remail vigilant when completing their tax returns.
Failure to lodge penalty amnesty might not spare business leaders from ATO’s ‘lockdown’ director penalty notices
Small business directors who confess their late tax statements under the failure to lodge penalty amnesty program may not be spared from other Australian Taxation Office crackdowns, including the use of 'lockdown' director penalty notices, a leading restructuring expert has warned.
Tax penalty amnesty: 7,200 small businesses come forward in first two months to avoid hefty fines
An ATO amnesty allowing small businesses to lodge overdue tax debts without attracting late payment penalties has proven a smash hit in its first two months, with 7,200 business stepping forward to date.
Tax agents left out of ATO’s corporate plan, says leading adviser
Tax trainer and adviser John Jeffreys said that the corporate plan put out by the ATO covers many things, but it does not offer a plan for tax agents.
Athletes, celebrities, and influencers put on notice by new ATO ‘fame’ tax ruling
A tax structure used by leading sportspeople, celebrities, and even influencers will now come under the ATO's scrutiny, thanks to new rules which define some earnings from an individual's 'fame' as personal income.
ATO call centres unable to meet demand as tax office urges Australians to check online services
The Australian Taxation Office said its call centres were unable to keep up with demand on Friday, as taxpayers and business owners alike flooded the system with last-minute end of financial year queries.
Piece of cake: ATO reminds taxpayers to lodge returns only after being ‘tax ready’
Taxpayers are being reminded by the Australian Taxation Office (ATO) not to rush lodging their annual income tax return from July 1.
The doctor is in: Australia’s ten highest-paid occupations revealed in ATO data
Medical professionals dominate the list of Australia's top-earning occupations, with the nation's top taxpayers clustered in New South Wales' most exclusive suburbs, new Australian Taxation Office (ATO) data reveals.
Tax penalty amnesty: ATO urges small businesses to confess their late debts and avoid hefty fines
The ATO is encouraging small businesses which have fallen behind on their tax debts to take advantage of its new penalty amnesty scheme, which accounting experts see as one of the last accommodating gestures from the tax office.
