by Greg Allan | Aug 26, 2019 | News & Updates
The ATO is urging taxpayers who receive any foreign income from investments, family members or working overseas to make sure they report it this tax time. New international data sharing agreements allow the ATO to track money across borders and identify individuals... by Greg Allan | Aug 2, 2019 | News & Updates
The ATO has revealed some of the most “outrageous” tax deductions that taxpayers have tried to claim: A couple of taxpayers claimed dental expenses, believing a nice smile was essential to finding a job, and was therefore deductible. It isn’t and their claims were... by Greg Allan | Jul 10, 2019 | News & Updates
The Government’s recently passed tax package paves the way for an individual tax cut ranging between $255 and $1,080, depending on how much a taxpayer earns. The Government’s low and middle income tax offset, which was lifted from $530 to $1,080, covers about... 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... 
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