Top 10 tips for first time lodgers

The ATO says that last year about half a million Australians lodged a tax return for the first time, with a similar number if not more expected to lodge by the time the looming October 31 deadline arrives for getting your tax return in to the ATO. Top 10 tips for first time lodgers. Of

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ATO improves and streamlines private ruling applications

During one of its regular reviews of private advice, the ATO says it discovered that tax practitioners have tended to spend a lot of time drafting proposed rulings, which ATO staff then subsequently revise and/or amend. Responding to practitioner feedback, the ATO has decided to ramp up its efforts to streamline the process. It says

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Budgeting tools from ASIC for your clients’ personal finances

The Australian Securities and Investments Commission (ASIC) has launched a package of free online budgeting tools for individual taxpayers to help with managing personal finances. Budgeting tools from ASIC for your clients’ personal finances Announced by the Minister for Revenue and Financial Services, Kelly O’Dwyer, last week, the “simple money manager” tools are designed to

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