ATO surprises taxpayers and accountants by reviving tax debts under $1
The ATO has unexpectedly revitalised thousands of dormant tax debts, some of which are for as little as 31 cents.
WeWork reportedly planning for US bankruptcy as Australian offices close
American co-working giant WeWork is reportedly gearing up to file bankruptcy in the US, after missing interest payments to bondholders and the closure of three Australian locations in the past month.
How Hnry plans to help sole traders claim $3.5 billion missed in tax deductions
Acting like a business account, Hnry's Visa business debit card automatically lodges every business expense and immediately offsets tax.
Will the RBA lift rates on Melbourne Cup Day? Don’t bet on it
The prices quoted on the Australian Securities Exchange implied a 52% probability of an increase in the Reserve Bank cash rate next Tuesday and a 48% probability of no change.
Millennials lead the regional migration race, as NSW overtakes Queensland as top spot
New figures show regional migration was 11% higher than pre-pandemic levels, in part due to more than 90,000 job vacancies in country areas.
From unpaid super to GST fraud: ATO’s debt collection priorities revealed
The ATO currently has about $50 billion worth of collectible debt, which is the highest it's ever been. It’s an 89% increase on pre-COVID figures.
Thousands more Australian businesses now eligible for CSIRO Kick-Start grants program
Thousands more Australian businesses will now be able to apply for matched funding grants to undertake research and development through the CSIRO's Kick-Start program.
ATO urges accountants to double-check R&D tax incentive claims
The ATO is urging accountants and consultants to review their clients' R&D Tax Incentive claims, after identifying potentially costly errors in claims made under the multi-billion dollar scheme.
Cost of living pressures: 54% of retailers passing on costs to consumers
The ARA has found that Aussie retailers are under relentless pressure as shoppers limit their spending due to cost of living pressures.
ATO taskforce recovers billions from big business tax avoiders
The Australian Taxation Office’s Tax Avoidance Taskforce helped generate an additional $7.6 billion in revenue during the 2022-23 financial year.
What small businesses are doing to bust cost of living pressures
Fresh data showing inflation growth over the September quarter comes as no surprise to small businesses across Australia, which are torn between raising prices and laying off staff, or offering special deals to customers also struggling to keep up with the cost of living.
Hollywood actress turned skincare mogul targets $2 million raise through crowdfunding
During the last four years, Vanessa Megan has seen over $8 million in sales while seeing a revenue growth of 20%.
