ATO court actions hit pre-COVID levels as the tax office chases businesses and individuals for outstanding payments
The number of court actions filed by the ATO has surged above pre-COVID levels, new figures show, as turnaround professionals urge small businesses to grasp the "last olive branch" extended to firms with outstanding debts.
New ATO scheme will pay small retailers to report their GST monthly
The Australian Taxation Office will pay twenty small retailers to report and lodge their GST obligations on a monthly cycle, as it investigates new ways to improve tax performance among local SMEs.
No hiding the side hustle: ATO launches new ad campaign to boost business income tax compliance
As Australian workers hurtle towards the end of financial year, the ATO is reminding new side hustlers not to overlook business income on their tax return.
ATO reveals tax-time hitlist, cracking down on dodgy WFH claims and capital gains errors
The Australian Taxation Office (ATO) has revealed its priority hit-list for the end of financial year period, reminding workers and businesses to stay on top of their work-related expenses and potential capital gains requirements.
“Admin nightmare”: ATO online service outages stretch to nearly a week
Users of the Australian Taxation Office's online portal reported outages as late as Tuesday afternoon, with the tax office yet to detail the cause of technical difficulties causing almost a week of disruptions.
Explained: Payday superannuation reforms and what small businesses need to know
Employers will need to pay their workers' superannuation every time they pay their regular wage, thanks to a significant change to retirement saving rules introduced by the Albanese government.
ATO online outage strikes as accountants prepare for looming lodgment deadlines
Technical difficulties have plagued the Australian Taxation Office's online services for nearly a week, disrupting tax agents trying to complete returns before a major reporting deadline and raising concerns of further setbacks as a new cut-off date approaches.
ATO court actions are on the rise, as small business chief Will Day confirms “firmer footing” for compliance activities
Debt collection efforts at the ATO are now on a "firmer footing" than in recent years, Deputy Commissioner Will Day has confirmed, with the number of court actions initiated by the tax office expected to hit pre-COVID levels this year.
ATO issues new warning to GST fraudsters after search warrants, saying “we will be recouping the funds” one way or another
The ATO has issued a last-chance notice to attempted GST fraudsters, after joining forces with the Australian Federal Police to execute new search warrants on those suspected of promoting the scam.
Working from home? The ATO has revealed new ‘fixed rate’ tax deductions, and stronger record-keeping rules
Australians who work from home and want to simplify their tax returns will soon need to record each hour they complete outside the office or worksite.
Just 1% of Australian businesses have signed up for eInvoicing. Now, the ATO is set to double down on the time-saving scheme
Two years after launch, the eInvoicing system had only reached 25,000 of Australia's estimated 2.5 million businesses.
ATO to chase 500,000 company leaders who still haven’t signed up for a Director ID
The ATO is contacting company directors to remind them of their Director ID Number obligations, chasing the 500,000 business leaders technically breaching corporate law by going without.
