The ATO has extended the $20,000 threshold to 30 June 2019.

If you buy an asset and it costs less than $20,000, you may write off the business portion in you..

The ATO is seeking to increase their attention on home office expenses due to the high level of questionable claims made by taxpayers. There has been an incre..

The ATO is in the midst of developing advanced data programs to find individuals who are leaving a source of income out of their tax return. Analytical tools ..

On the 1 July 2018, the Australian Government introduced Single Touch Payroll (STP) for employers with 20 or more employees. The new scheme requires employers..

The Australian Tax Office (ATO) has released draft guidelines changing its previous stance on Fringe Benefits Tax (FBT) for utes. Amendments originated from r..

The time to report and lodge your annual tax return for your business is fast approaching. Remember, what you must report will depend upon the type of busines..

From 1 July 2018, businesses that supply cleaning or courier services must report payments made to contractors (if payments are for cleaning or courier servic..

You may be able to claim a tax deduction for capital expenditure on a landcare operation in Australia in the year it is incurred. Providing you are a primary ..

The Tax Office is reminding individuals who either own or are looking to purchase a rental property that there are essential record-keeping and taxation oblig..

As tax time continues, the ATO has announced the top misconceptions many individuals make when completing their claims for tax deductions.

Four popular tax mi..