Tax and the sharing economy – Uber drivers
The concept of a “sharing economy” has been around for long enough now to have had a very real impact on how we transact. Think…
Tax Collection Systems
Read MoreTax and the sharing economy – Uber drivers
Managing Tax Debt
Whether you’re running a business or are just an individual trying to make ends meet, there is nothing worse than finding yourself in a situation…
An overview of the ATO’s auditing process
With information sharing occurring more than ever these days, not only between the Tax Office and other government departments but also banks, financial institutions, online…
ATO warns on franked distributions funded by raising capital to release franking credits
The ATO is concerned about arrangements being exploited by some companies for the purpose of releasing franking credits or streaming dividends to shareholders. It says…
Last year ATO results
ATO’s key results in 2014-15 – 7 million income tax returns lodged – 2% of tax liabilities were paid on time – 1,400 taxpayers (individuals…
ATO focus for 2016
Work-related deductions: What’s on the taxman’s radar? The ATO says that this year it will be paying extra attention to people whose deduction claims are…