The government has stepped in to protect workers following months of controversial headlines uncovering poor record keeping, questionable workplace practices and exploitation, underpayments, deception, and superannuation guarantee fraud by employers. [...]
ATO to individuals: be cautious when it comes to believing popular myths about tax deductions. These include a $150 dollar deduction for laundry, $300 for work-related expenses, and 5,000km for [...]
Overcoming the biggest problems in business often comes down to the simple things. Here are a few simple things you can do to capitalise on your opportunities and reduce your [...]
The Australian Taxation Office (ATO) is closely examining expense claims relating to work and laundry of taxpayers submitting their 2017-2018 tax returns. The ATO says that clothing claims are nearly [...]
Making things easier. Designed to make the super contribution process much easier, the Small Business Superannuation Clearing House (SBSCH) is a superannuation payment service (administered by the ATO) made available [...]
Here are some things you should know about the reduction of tax payable over the years. * With the passing of income tax legislation, a reduction in your tax payable [...]
All individuals with an accumulated (HELP) debt earning about $45,000 are now obliged to pay at least 1% of their income to the Australian Taxation Office (ATO). This is to [...]
Will your business be audited? The ATO is very upfront when it comes to their compliance activity. Every year they publish small business benchmarks that outline what a typical business [...]
Did a Kardashian really just wipe US $1.3bn off the share price of Snapchat? This tweet from Kylie might've just cost Snapchat billions... The power of influence on [...]
A recent Parliamentary Inquiry into Tax Deductions created some fairly sensational headlines. How much deductions were claimed? - $22 billion worth to be exact. In Australia, tax deductions are available for [...]
