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... by Greg Allan | Feb 1, 2019 | News & Updates
The government has announced plans to raise the threshold for the instant asset write-off to $25,000 (up from $20,000) and extend it for another year to 2020. It had been due to expire at the end of the current financial year. The write-off will be available for... 
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