Tag: ATO

Does the thought of a tax audit make you break out in a cold sweat?

Superannuation provider REST Superannuation conducted an online snap poll of 600 of its members and found that one in five have lost track of their superannuation and no idea how many super funds they currently have.

A promised advisory board to shape Australian Tax Office corporate governance has some positives but was peripheral to the real business of reform, the country’s leading taxation professional body said today.

The Australian Taxation Office (ATO) is launching an online data mining offensive on online traders using eBay and The Trading Post websites during the last 3 financial years to catch tax cheats.

Ongoing uncertainty over the tax treatment of trusts has emerged as the top election issue for Australia’s taxation professionals.

Changes to Trusts by the Australian Taxation Office will begin to impact small business this year, with business owners urged to complete a new Taxation Plan to avoid trouble.

The Australian Tax Office (ATO) has teachers, engineers and mechanics in its sights this year, advising that it plans to audit large claims from these professions for the 2009-2010 financial year.

The Australian Taxation Office (ATO) has revealed today that it has small business in its sights in it’s 2010-11 compliance program.

A wave of fraudulent emails purporting to be from the Australian Government are in circulation currently, reportedly concerning Tax Refunds and the end of financial year.

The Federal Government & the Australian Taxation Office (ATO) continued to alienate themselves from the business sector last week with the Tax Office releasing its final ruling on discretionary trusts distributing surplus income to corporate beneficiaries.