Tax Collection Systems

Audits – Overview With information sharing occurring more than ever these days, not only between the Tax Office and other government departments but also banks,…

Time is running out to disclose offshore income The Tax Office has issued a final warning — taxpayers with undeclared offshore assets or income are…

Compensation considered for small businesses that are found to be unfairly fined – October 2014 A recommendation from the Inspector-General of Taxation (IGT) is being…

Your online selling data is being collected, and sorted The growth of online services where one can buy and sell goods has been unstoppable, such…

Common Division 7A errors to avoid The Tax Office has published a document outlining some common errors made that occur in relation to Division 7A…

What powers does the taxman have to access your information? When it comes to collecting tax money owing, the Tax Office has considerable legal powers…