Mature age worker tax offset
2013 mature age worker tax offset changes
Small Business Concessions 2012-13
What can I claim as a small business?
Good news for microbreweries in the South West, WA
Changes to the microbrewery excise refund scheme
New reporting system for building & construction industry
As from the July 2012, businesses in the building and construction industry will be required to complete the Taxable Payments annual report.
Private health insurance changes July 2012
Information about the changes to the Medicare levy surcharge and your private health rebate for individual or familes.
ATO Small business benchmarking results
To find out how your business compares to others in your industry, check out the ATO Small Business Benchmarks for the previous financial year.....
Are you finding it difficult to meet your GST obligations on time?
Tax payers that are finding it difficult to meet their GST obligations on time should be contactying the ATO as early as possible....
Late income tax returns 2011
During December 2011, the ATO issued default assessment warning letters a number of taxpayers with over¬due income tax returns. These have been sent where the ATO has evidence that these taxpayers have received taxable income in years that taxation returns have not been lodged.
Beware of tax related email scams
The ATO are seeing noticeable spikes in scam activity during tax time, so it is important to be vigilant in maintaining the security of your information.
Are you buying, selling, renting or building a property?
The tax office has created a new consolidated property page on their website to provide a range of property tax-related information.
Post before the due date
Allow sufficient time for your Activity Statement to arrive by the due date.
PAYG annual instalment advice
If you are eligible to pay your instalment annually, and you decide to take this option, don't forget to advise the tax department prior to the end of the first quarter. For more information...
Do you employ individual workers in the building or construction industry?
The tax office has created this tool for use by employers to help guide them on the status of a worker for taxation and superannuation purposes.
Are you eligible to claim the Education Tax Refund?
For more information, refer to the ATO websites 'Education Tax Refund Essentials' and claim everthing your intitled to.
Are you receviing Abstudy, Austudy or Youth Allowance?
You may be eligible to claim a tax deduction for expenses for study and job seeking.
End of year tax tips 2011
Do you have a net gain or loss on the sale of shares, property or investments during the 2010/2011 financial year? Then Capital Gains Tax may apply.....
Remember to claim property depreciation
Many property investors are not aware of the savings that can be made from depreciation on their purchase.....
ATO to review living-away-from-home allowances
Shortly, the ATO will commence reviewing living-away-from-home allowance benefits. They believe some employers may be claiming excessive amounts for exempt accommodation and food components......
Claiming tax deductions for donations to the flood relief
Second Commissioner, Bruce Quigley has announced the ATO will allow deductions, without a receipt, for donations up to $10 made to 'bucket appeals' for the floods in Victoria, Queensland and New South Wales.
ATO processing of 2010 tax returns slow in July
The ATO has issued a statement regarding the processing of 2010 tax returns for July and the beginning of August. They have told us that....
Checklists for Business Financial Statements and Tax Returns
Not quite sure what you need to bring to your accountant each year? We have the solution...
Make sure you are able to substantiate your Work Related Expenses claims this year.
I was talking to a Tax Office...er Officer recently, and he advised the ATO would be coming down this way this year and looking closely at the claims people make in their Work Related Expenses section of their tax return.
Do you have income or assets offshore?
Some Australian Residents don't realise that they must include overseas income and the profits from the sale of any assets in their Australian income tax returns.
Tax Tips for Property Owners
Tips to help you save tax if you have an investment property or 6.
Budget 2010
Treasurer Wayne Swan presented the 2010 Budget, with very few additional changes to the tax system that had already been previously announced.