Massive tax consequences coming for 42,000 small businesses ‘disengaged’ from ATO
More than 42,000 small businesses are reportedly "disengaged" from the Australian Taxation Office, risking massive consequences when overdue payment rules change in 2025.
Australia’s regulatory super-squad says it wants to be friend, not foe, to SMEs
It felt like something out of a superhero movie, but Australia’s top tax and corporate regulators didn’t meet on Thursday to challenge a global villain or alien threat.
ATO ‘robotax’ debt recovery letters prompt new guidelines from government watchdogs
The ATO said it is committed to improving its communications to taxpayers about debt using the guidelines provided by the Ombudsman and Inspector-General.
ATO goes after $29.8 million owed by tax advisers
ATO officers have identified $29.8 million in liabilities from engagements with tax advisers who have failed to keep their affairs in order.
Atlassian commits to Australian IP retention in landmark $92 million settlement with ATO
Software giant Atlassian has settled a $92 million tax dispute with the ATO and has promised to keep its IP in Australia.
GST reviews to work deductions: Five takeaways for SMEs from ATO commissioner’s final speech
The entire 70-minute address is available for viewing online, but SmartCompany has highlighted five of the key points for small businesses.
Four-year gap in ATO small business fraud risk assessments exposed in Auditor-General report
The small business line of the ATO did not complete an external fraud assessment between 2019 and 2023, an ANAO report has revealed.
150 ATO officials investigated in massive TikTok GST fraud crackdown
At least 150 ATO officials have been investigated as part of a massive GST fraud crackdown, resulting in criminal proceedings and employment terminations, according to a bombshell report from the Auditor-General.
Trial underway in alleged $13 million PAYG tax fraud case
More than 100 hours of secret police recordings will be played at the trial of a group of men accused of illegally withholding over $13 million of tax from the government.
GST fraudster imprisoned after attempted $15 million construction scheme
A construction developer has been sentenced to ten years behind bars for attempting tax fraud valued at $15 million, in what the Australian Taxation Office calls the end to one of its longest fraud investigations.
ATO launches free SME training courses, giving founders a headstart on tax, super, and more
The Australian Taxation Office has launched its free education platform for small business owners, promising useful and informative courses for entrepreneurs at every stage of the business lifecycle.
Melbourne man handed jail sentence after dozens of fraudulent JobKeeper claims
A Melbourne man has been sentenced to three years and six months imprisonment after defrauding the Australian Taxation Office of nearly $35,000, and filing additional false claims worth an extra $460,000, including dozens of dodgy JobKeeper applications.
