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..

The Tax Office has confirmed the rate for work-related car expenses will rise to 68 cents per kilometre for the income year beginning 1 July 2018.

The new rat..

The ATO has released its latest findings on the tax gap for Australian individuals. The estimated gap in 2014-15 is approximately $8.7 billion or 6.4 per cent..

The Australian Tax Office (ATO) is reminding individuals to remain vigilant against any scams that may pop up this year around tax time.

With over 37,000 scam..

From 1 July 2018, the Tax Office is advising Australians that if they find an error in their tax return or activity statement they will not incur a penalty bu..

Tax Time is now upon us, with the ATO Assistant Commissioner announcing the top five mistakes commonly made when Australians complete their annual tax returns..

The Personal Income Tax Plan announced as part of this year’s Federal Budget has been passed by Parliament.

The plan introduces:
– a new low and middle-income..

The Australian Tax Office (ATO) is cracking down on claims for work-related clothing and laundry expenses this tax time.

Last year total claims for work-relat..

Overseas businesses that meet the GST registration threshold (A$75,000) will be required to charge GST on goods purchased from the 1 July 2018.

Specifically, ..

With the end of the financial year fast approaching, preparing ahead will help to take off the pressure of running your business and organising your tax affai..