Notice of officeholder data-matching program including details and estimation that records relating
The ATO will acquire officeholder data from ASIC, the Office of the Registrar of Indigenous Corporations and the Australian […]
Claiming deductions in relation to a holiday home and considerations of the valid claim
Taxpayers should remember that they can only claim deductions for holiday home expenses to the extent they are incurred[…]
ATO’s lodgment penalty amnesty is about to end and businesses must meet the following criteria
The ATO is remitting failure to lodge penalties for eligible small businesses. Businesses which have not yet taken advantage[…]
Individual income tax rates and threshold changes
Changes to Individual income tax rates and thresholds from 1 July 2024. On 25 January 2024, the government announced proposed[…]
Advice under development of superannuation
[4042] Ordinary meaning of the term ’employee’ [updated] We are reviewing several products that currently provide guidance on the[…]
A deductible gift recipient (DGR)-deductions for Christmas Gifts
When a gift or donation is deductible You can only claim a tax deduction for a gift or donation[…]