Posts tagged "small business tax"

ATO commissioner Chris Jordan said his office needs to be more empathetic to well-intentioned business owners, amid a cultural overhaul.

A tax office whistleblower facing a possible 161-year jail sentence for shining a light on ATO debt collection behaviour is asking for public support.

A government proposal to allow the tax office to share unpaid bills with credit bureaus is being closely watched by the ASBFEO.

Franking credits should be front of mind for businesses this tax time as tax agents advise companies to think ahead to avoid tax leakage.

Get ready for the end of the financial year with our collection of simple, easy to manage checklists. And as Single Touch Payroll reporting …

Here are five common mistakes the ATO is taregtting this end of financial year — as well as how to avoid making them in your own business.

Measures to extend and enhance the instant asset write-off have passed the Senate in a post-budget voting blitz that saw 28 bills passed yesterday.

The government has proposed a boost to the instant asset write-off which would increase the threshold and give medium-sized firms access to the scheme.

The ATO is targeting cash-only businesses in a crackdown on $10 billion in unpaid small-business income tax, Chris Jordan has said.

A scathing report on the ATO has been tabled in Parliament, labelling the 2016-17 year as 'horrible' and making 37 recommendations for reforming the body.

The government will extend its instant asset write-off but has not announced any plans to improve the awareness or accessibility of the program.

It has emerged the ATO will be responsible for administering a tax clinic trial which will help businesses with ATO disputes.