The ATO has issued a warning to property investors this tax time following rental income and deduction errors found in over 70 per cent of tax returns audited last financial year.
Employers who deliver training to employees who are to be made redundant will now be exempt from fringe benefits tax after the legislation passed through Parliament.
The HomeBuilder scheme is a time-limited, tax free cash grant intended to support the residential construction industry during the COVID-19 pandemic, but it does come with an extensive eligibility criteria.
Ever since the invention of the Internet, there has always been a wide variety of scams floating around. A popular type of scam that we see frequently is people trying to pose as the tax office and claim non-existent debts from members of the public. Remember the iTunes gift card ATO scam? Recently, we have […]