Emily Kermac Archive
Tax
The Australian public has lodged nearly six million tax returns already this year, with over $11.9 billion in refunds processed, which is $270 million more compared with the same time period last year.
Strategic Financial AdviceTax
The ATO says that clothing claims are up nearly 20 per cent over the last five years with people either making mistakes or deliberately over-claiming. Common mistakes include people claiming ineligible clothing, claiming for something without having spent the money, and not being able to explain the basis for how the claim was calculated.
Tax
If you are running a business primarily in the building and construction industry and you make payments to contractors for building and construction services, you will need to lodge a Tax Payments Annual Report.
Tax
Employers that have fallen behind with their superannuation guarantee (SG) obligations will have 12 months to “self-correct” under a new amnesty announced late last month.
