by Greg Allan | Jun 11, 2019 | News & Updates
With the end of the financial year fast approaching, some taxpayers look to lodge their 2019 tax returns in July. The Institute of Public Accountants (IPA) understands that there is a strong incentive to lodge early, but warns that there are two added complexities at... by Greg Allan | May 31, 2019 | News & Updates
The ATO has identified some common errors when it comes to claiming business expenses in your tax return. You should know that: If you use your motor vehicle entirely for your business, you can claim a deduction for the whole amount. If you use it for a mix of... by Greg Allan | May 9, 2019 | News & Updates
The ATO has advised that it is collecting bulk records from Australian cryptocurrency designated service providers (DSPs) as part of a data matching program to ensure people trading in cryptocurrency are paying the right amount of tax. The data obtained will be used... by Greg Allan | Apr 23, 2019 | News & Updates
The Labor Party, if elected, plans to introduce a $3,000 cap on the tax deductibility of fees from accountants. On Friday last week, Opposition Leader Bill Shorten labelled the deduction a “rort” which favours the wealthy. However, associations like the Institute of... by Greg Allan | Mar 21, 2019 | News & Updates
Single Touch Payroll (STP) is the new way for employers to report tax and super information to the ATO. It starts from 1 July 2019 for employers with 19 or less employees. You’ll report the following information through an STP ready solution – such as... by Greg Allan | Feb 28, 2019 | News & Updates
The ATO is reminding the community about how they can recognise and protect themselves from identity theft and tax related scams and how to report them. Remember that these scams can be by phone or email. It is important to note that the ATO will never: Threaten... 
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