With a $30.4 million funding increase for the Tax Practitioners Board, the government is stepping up its efforts to battle unregistered individuals peddling tax services (TPB).
Third-party payment networks are required to send users Form 1099-K for transactions made by mail or electronically beginning January 1, 2022.
Despite its support of business during COVID-19, the Federal Government won’t give you a pass when it comes to your EOFY obligations.
EOFY doesn’t have to be a mad rush. These last-minute tips will put you in the best position to start the next financial year.
EOFY tips to help you prepare for future returns and avoid missing payments or obligations you could overlook.
To help SMEs get back on their feet after a challenging year, the Australian Taxation Office (ATO) has compiled a directory of Government resources that support Australian businesses.
Small businesses with an annual turnover of under $10 million are eligible to apply for the service…
$22.68 million in penalties have been handed down by the Federal Court, the largest amount in Research and Development Tax (R&DT) history.
With only three months remaining for this financial year, small businesses might be wondering how the recent stimulus changes may affect their end of year tax. The government has introduced a range of measures to support businesses and employees through the crisis in response to coronavirus, to help small businesses that may have had to […]
Unsure of your employer tax obligations and tax relief options during this uncertain time? The Australian Tax Office (ATO) is encouraging business impacted by the COVID-19 pandemic to get in touch with them to discuss relief options. However, with so many businesses looking for answers right now, we thought we’d summarise some of the biggest […]
