Tag: tax deductions
Small Business, Tax
ATO update on tax claims for NANE COVID-19 payments
According to new guidelines issued by the Australian Taxation Office, small businesses that pay accountants or bookkeepers to apply for tax-exempt COVID-19 grants on their behalf will not be able to claim tax relief for the service.
Dereen Wallace |
September 6, 2021
Property, Tax
The ATO examines property investors as deduction issues increase
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.
Rebecca Fletcher |
August 16, 2021