Accounting and Tax News
ATO Crackdown Areas 2023 and 2024
Reading time: 2 mins
The ATO announced in May 2023 that they are focussing their attention on the following areas for Individuals.
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The fixed-rate method (which was 52c per hour) has been revised with big changes. Find out more about changes to work from home deductions in 2023.
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There are a few factors that come into lodging your Australian tax return correctly. Read Chris' article to see what is best path forward for you.
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Reading time: 5 mins
What happens when the total deductions you can claim are greater than your total income for the income year? Chris explains some of the complexities with submitting a loss at tax time in Australia.
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If you operate your business through a company or a trust, income earned by the company or trust from the provision of your personal services will be attributed to you unless...
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The Government recently released draft legislation which will establish a First Home Super Saver Scheme, and allow a special “downsizing” contribution into superannuation.
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