Small business owners suffering from mental health issues can seek the ATO’s help in meeting their taxation and super commitments.
Businesses that fail to keep accurate records may struggle to remain compliant at tax time and incur financial penalties from the ATO.
Tax exemptions may apply to small businesses going through a restructure provided they meet certain criteria.
Typically when a business i..
A default assessment is an assessment of taxable income for overdue tax returns or the net amount or assessable amount-for late activity s..
Fuel tax credit rates have increased on 1 August. The ATO reminds you to use the new rates to calculate claims on your next business activ..
The ATO has extended the $20,000 threshold to 30 June 2019.
If you buy an asset and it costs less than $20,000, you may write off the bus..
The ATO is seeking to increase their attention on home office expenses due to the high level of questionable claims made by taxpayers. The..
The ATO is in the midst of developing advanced data programs to find individuals who are leaving a source of income out of their tax retur..
On the 1 July 2018, the Australian Government introduced Single Touch Payroll (STP) for employers with 20 or more employees. The new schem..