The Australian Tax Office regularly flags tax compliance issues it has under the microscope. But don’t think if an issue is not on that list…
The Australian Tax Office regularly flags tax compliance issues it has under the microscope. But don’t think if an issue is not on that list…
Husband and wives often regard themselves as jointly owning the assets each possesses. “What’s mine is yours” and vice versa. In a happy rel…
In general terms, in order to claim input tax credits (ITCs) under the GST system, an enterprise must be carried on. This can be a tricky is…
Under the capital gains tax laws, taxpayers can be entitled to small business capital gains tax concessions which can, depending on the circ…
Despite what you may think, that is not a rhetorical question. The Australian Tax Office is a large federal government agency that comprises…
The Tax Office is a powerful agency. It has to administer Australia’s very complex tax laws and carry out compliance checks to ensure taxp…
The Australian Taxation Office is urging all taxpayers to declare their offshore income to avoid harsh penalties, as part of the ATO’s cra…
Tax refunds are often thought of as a sacrosanct part of our tax system. They’re not. There is no guarantee that anyone will get a tax refun…
The Australian Taxation Office is considering offering wealthy people with secret offshore income or assets a tax break if they reveal the d…
Beanie Babies founder Ty Warner has narrowly escaped jail time, after a United States federal judge sentenced the entrepreneur to two years …
The tax law contains time limits for doing all sorts of things, including applying for GST refunds. Broadly speaking, under the GST law, an…
The Australian Taxation Office announced it will start writing to building and construction businesses, reminding them to finalise their rep…
