ATO Updates

If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these…

Our new system enables us to download all ATO mail on behalf of our clients and distribute it in the most efficient manner possible. The benefits are: You receive your…

Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers.…

With the start of the Fringe Benefits Tax year looming on 1 April, businesses are being urged to review their Fringe Benefits Tax (FBT) position. FBT liabilities can trap unwary…

A new system alerting SMSF trustees of changes made to their SMSF will roll out this month. The ATO will alert trustees by text and/or email when changes are made…

The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, and fine arts. The review, expected to impact 350,000 taxpayers, reaches from…

Working out whether or not you are a resident of Australia for tax purposes can be difficult as it requires the exercise of judgement rather than applying a single ‘black…

Ten million hectares, lives lost, wildlife on the brink, billions in lost revenue and clean-up costs. For many, returning life to normal is a long way off this summer. Below…

The ATO has provided relief from lodgement compliance and payment obligations for those impacted by the NSW bushfires. An automatic two month deferral for activity statements lodgements and payments due…

You might have seen the recent spate of media freedom advertisements as part of the Your Right to Know campaign. The prime-time advertising states that the Australian Tax Office can…