In its effort to facilitate a fair business environment, the ATO has offered continued support for honest businesses.
With an estimated $40 billion lost to th..
Self-managed super fund trustees must notify the Australian Tax Office (ATO) if there are changes to their SMSF.
Trustees must provide written notice within 2..
Under the new law introduced on 1 July 2017, Australian GST registered businesses that import services or digital products for business purposes do not have t..
Those who participate in ride-sourcing (i.e., Uber, GoCatch) as a driver can access a number of tax deductions come tax time.
You may be able to claim expense..
The ATO is reminding those who work in the sharing economy to be aware of their tax obligations.
The sharing economy connects buyers (users) and sellers (prov..
From 1 July 2018, employers with 20 or more employees will report payments to the Australian Taxation Office at the same time as they pay their employees, usi..
The small business income tax offset can help reduce the tax small businesses pay on business income by up to $1,000.
This offset is available from the 2015-1..
Personal services income (PSI) is income mainly produced from your personal skills or efforts. There are special tax rules that apply if your income is classi..
The Australian Taxation Office distributes penalties to ensure individuals are not making misleading or false statements regarding income, business and wealth..
On 1 August 2017, fuel tax credit rates increased. Some of these rates also changed on 1 July 2017, due to a change in the road user charge and an annual incr..