Tag: Tax

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.

Debt collection agency Collection House haave announced a 21 percent higher net profit for the last financial year as calls for debt collection post-GFC soar.

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.

It’s been tough going recently for small businesses in terms of initiatives introduced by the Government. While it may seem the Government is acting for the greater good, small business will bear the brunt of many of these changes.

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.

Resources Minister Martin Ferguson will meet with second-tier mining company executives today to discuss the federal government’s Minerals Resource Rent Tax.

Australia’s Minerals Resource Rent Tax compromise is positive news for big miners but it comes at a price for the wider business community.