ATO Follows Up on Unexplained Wealth of Small Business Owners
The ATO have indicated that they will be monitoring the “unexplained wealth” of small business owners.
The ATO have indicated that they will be monitoring the “unexplained wealth” of small business owners.
In July 2017, the Australian Tax Office changed the nature of small business tax reporting.
Keeping track of changes to company tax laws can be a huge drain on your resources and energy.
Depending on your circumstances, your personal income tax return could be as complicated as your small business tax return.
The Medicare Levy Amendment Bill 2017 has been introduced to implement the Government’s 2017–2018 Budget…
The Federal Government has released a consultation paper proposing company and tax law reforms to combat phoenix activities.
After the ATO’s unplanned systems outages, it provided lodgment deferrals, and remitted interest and penalties where the outages affected practitioners and their clients’ lodgments.
For the 2016–2017 income year, the company tax rate for small businesses decreases to 27.5%.
ATB Chartered Accountants provided financial planning services to their clients from 1998 through to 2004.
The ATO now uses real-time data to compare people’s tax returns with others in similar occupations and income brackets.