Tax time 2021: Lodge early at your peril

If you’re planning to lodge your tax return as soon as possible after 30th June, it may pay to hold off a while. For a start, employers have until 14th July 2021 to finalise single touch payroll data and the ATO will not start processing returns until after 7th July....

ATO warns on ‘copy/paste’ claims

In 2021, the Australian Taxation Office (ATO) will recommence their focus on addressing the overclaiming of work-related expenses like car and travel claims that are predicted to decrease in this year’s tax returns. The ATO has noted that COVID-19 has changed up...