ATO warns about yet another tax-time scam, urging Australians to look out for dodgy attachments
The Australian Taxation Office has warned taxpayers to look out for yet another email scam skimming login information from victims.
The ATO knows about your business using crypto. Be aware of your tax obligations
If your business is considering taking crypto as payment, it's best to get on top of your tax obligations early — unless you want to run afoul of the ATO.
ATO urges business owners to get on top of superannuation changes
The Australian Taxation Office (ATO) has issued a reminder to business owners regarding upcoming changes to superannuation, active as of July 1, 2022.
The ATO has put professional business owners on notice. Here’s what you need to know
The Australian Taxation Office has issued its new approach to professional firm profits, but what does the new guideline mean for business owners?
Explained: How to prepay expenses this financial year to benefit your business
If you had a profitable year this financial year, but think that next year will not be as profitable, it is worth considering paying for next year’s expenses prior to June 30, 2022.
Major ATO website outage puts accountants on edge ahead of June 5 concession deadline and HECS-HELP indexation
A major Australian Taxation Office (ATO) website outage left small businesses and accountants unable to file claims over the weekend.
‘Bunnings has done it’: Why Australian SMEs need to adopt e-invoicing sooner rather than later
A panel of four executives spoke last week about why Australian SMEs adopting e-invoicing in their finance processes is an absolute “no brainer”.
“Backlog” of business insolvencies will only increase in months ahead, Creditorwatch says
Extremely low insolvency rates through the COVID-19 pandemic mean there is now a "backlog", Creditorwatch CEO Patrick Coghlan says.
The four things the ATO is cracking down on during tax time
Cryptocurrency gains, work-from-home deductions, rental income, and record keeping are the four areas in the ATO's sights as we approach the end of the financial year.
‘Overdue’: The ATO is cracking down on small business tax debts by issuing 40 director penalty notices a day
The ATO is ramping up its issuance of director penalty notices — which can hold current and former company directors personally liable.
ATO warns businesses to be on top of fringe benefits tax as lodgement deadline looms
Fringe benefits tax might just be a problem business owners need to think about, with a May 23 lodgement deadline looming for people not doing their tax paperwork with the assistance of a registered tax agent.
‘You are not anonymous’: Tax office goes after 40,000 people in $850 million scam
The con involved creating a sham business and ABN application, and then submitting falsified business activity statements to receive a fraudulent GST refund.
