Taxation Law Blogs
The initiatives include a short-term petrol price drop, a one-off cost-of-living payment for lower-middle-income households, and tax cuts for small businesses.
Australian company directors have been given just over a year to apply for the new Director Identification Number (dubbed the Director ID). The deadline is 30 November 2022.
Tax laws are constantly evolving, and a recent change to the rules regarding Director’s Penalty Notices (‘DPNs’) has the potential to trip up past, current, and future company directors who
Large multinational companies are now firmly in the sights of the ATO and the Australian Government, who are renewing their efforts to crack down on underpayment of tax or tax
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?
The Australian Taxation Office (‘ATO’) has recently announced that from March 2021 it will on a case-by-case basis, resume debt recovery activities and lodgement compliance activities.
As technology becomes more sophisticated and more tech start-ups get off the ground, the gig economy is carving out a niche in the Australian financial sphere that is difficult to ignore.
Someone once said you shouldn’t mix business with pleasure. Although they probably weren’t talking about taxation, the adage holds true for activities that have the potential to bring in
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
The Australian Taxation Office (ATO) has recently revealed that it is still owed millions of dollars from companies that have attempted to rort the JobKeeper wage subsidy, which expired
One of the more severe methods applied by the Australian Tax Office, a Garnishee Notice, is a tool that allows the ATO to seize money directly from a person or business that holds money on
As an element of the recently-created ‘Black Economy’ task force, new laws now make it illegal for cash payments to be claimed as a deduction where they have not been declared