Offsetting credits and refunds from debts on hold
Explore the ATO's new approach to managing debts on hold for small businesses, understand offsetting, and discover solutions for effective…
Ai-Ling Kong-Kerr Archive
When is food GST-free?
Delve into the complexities of GST on food items, illustrated by Chobani's case. Discover key insights into what makes food…
- Tax ·
Using business money for private purposes: 2 steps to take
Cracking the Code: Using Business Funds for Personal Use? Navigate the path of using business funds for personal use. Stay…
Top tips for sole traders
Sole trader tax made stress-free! Meet Benzi, the smart tiler who turns tax time smooth. Learn how he plans ahead,…
- Tax ·
Individual Primary producers carrying out carbon abatement activities
Discover how eligible individual primary producers can now treat income from eligible ACCUs and carbon abatement activities as primary production…
- Tax ·
Backing a winner: Digital games tax offset
The global digital games industry is worth around $250 billion and in Australia, grew 22% between 2020 and 2021 generating…
Does your company have an overdue debt?
Letters are being sent by the ATO to directors of companies with overdue debts, cautioning that non-payment or lack of…
$20k Small Business Energy Incentive
In a pre-Budget announcement, the Government has committed to a Small Business Energy Incentive Scheme that offers a bonus tax…
- Tax ·
What sharing platforms are sharing with the ATO
From 1 July 2023, a new reporting regime will require platforms that enable taxi services including ride sourcing, and short-term…
- Tax ·
How good is ChatGPT at tax?
Not being paranoid or anything but we were curious about the skills of the latest innovation to take the world…
How high will interest rates go?
Inflation will stay higher for longer than originally anticipated. As a result, interest rates are expected to continue to increase,…
ATO refocus on debt collection
The ATO has not pursued many business tax debts during the pandemic and allowed tax refunds to flow through even…
