Ato

Superannuation Requirements For Temporary Residents

Most people are unaware that temporary residents working in Australia are eligible for super guarantee (SG). It is vital that all businesses who employ temporary residents are aware of the relevant super requirements.

Single Touch Payroll (and all the surrounding panic) Is Here

Single Touch Payroll is here for those small businesses with 20 or more employees. It is due to come in for those Employers employing 19 people or less from the 1st July 2019.

Australians Pay $107,000 To Tax Scams

The ATO has been made aware of fake tax agents who are conning members of the public and making them believe that they owe debt.

The scam has taken the form of a cold-call, with fraudsters phoning victims and convincing them into giving information about their finances and current tax agent.

ATO Detects Over $53 Million Worth Of Tax Time Errors

The Australian public has lodged nearly six million tax returns already this year, with over $11.9 billion in refunds processed, which is $270 million more compared with the same time period last year.

Oligopolies and Monoliths Thrive Again

The first rule to bring up to international level is easy. Tax the multinational bastards! The second? Bring competition policy up to the international level.

Tax Obligations For Car Sharing

The ATO has flagged these car sharing service platforms and believes that, by using their sophisticated data matching systems, they can identify where sharing platforms are being used to generate income.

Small Businesses Do Need Tax Guidance

We’re glad to hear the head of the ATO, Chris Jordan, has come out recently and commented on tax obligations for small business people. It’s very complex, but so important that small business people get it right.

Can I Claim Travel Expenses For My Rental Property?

Travel expenses relating to inspecting, maintaining, or collecting rent for a residential rental property cannot be claimed as deductions by investors. The travel expenditure is also not recognised in the cost base of the property for CGT purposes.