You can claim a deduction for motor vehicle expenses that are part of the everyday running of your business. But, you can only claim the business portion if your vehicle is for both business and private use. Depending on whether you’re a sole trader, partnership, company or trust and the type of motor vehicle you …
The end of the financial year is just around the corner… Is your business ready to Finalise Payroll and undertake all compliance requirements for 2021?
The Federal Budget 2021-22 has been announced and the proposed changes might impact you or your business.
Taxpayers are being reminded to stay on top of their work-from-home logbook ahead of tax time 2021.
Thousands of taxpayers could now retrospectively receive JobKeeper and cash flow boost payments following the ATO’s acceptance of the Full Federal Court’s decision.
Businesses struggling with tax debts have been urged to re-engage with the ATO as it pledges not to “destroy the very thing that the ATO have been trying to support” throughout the pandemic.
The Department of Home Affairs will now provide the ATO with arrival and departure records of travellers to and from Australia for the 2016–17 to 2022–23 financial years.
The ATO are receiving increasing reports of people losing money to automated phone scams.
