Taxation Law Blogs
A Garnishee Order may be issued by the Australian Taxation Office (ATO) when a taxpayer fails to pay outstanding tax debts. The ATO can require a third party holding
Generally, Capital Gains Tax (CGT) does not apply when you inherit an asset from a deceased estate. However, CGT may be applicable if you sell an inherited asset.
So, you’ve received a letter from the Australian Taxation Office. The letter will usually be a request for you to provide the Tax Office with information, a request to furnish a document
Sham contracting is when an employer classifies a worker as an independent contractor despite an employment-like relationship, often to minimise employment costs.
Significant regulatory changes are now in effect for non-charitable not-for-profits (NFPs) in Australia, requiring those with an active ABN to lodge an annual self-review return to maintain
The word ‘audit’ can send chills down the spine of small and medium-sized business (‘SMBs’) owners. But why do ATO audits happen? Is there anything you can do to avoid them?
A recent case involving a $9,000 Failure to Lodge penalty issued to a dormant company has reignited concerns around the ATO’s penalty remission process.
Tax avoidance (sometimes referred to as tax minimisation) and tax evasion are two very different things in the world of tax and these terms are often confused.
The administration of a deceased estate can be a complex affair if the estate earns a taxable income and a return needs to be lodged. The estate is treated as a trust for tax purposes,