Your practice

Relevant and practical knowledge and tools to build your business

What’s delaying that client’s return? The ATO has some pointers

What’s delaying your client’s tax return? The ATO says that while it strives to maintain its service commitment, there will inevitably will be some returns that may take longer to process. What’s delaying client’s tax return? It says typically this could occur when: returns for previous years have been lodged with the current year’s return

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Investment forms, explanations, guidance

Use the links provided to find out more about investing, and find out more about the Tax Office’s investor’s tax planning tips. Property Tax advice website for investors  The Tax Office’s tax planning website, designed to help investors and tax agents make informed investment decisions. Features a checklist of what to look for before putting

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Tax agents! You have some “friendly fire” competition

Tax agents be warned… you have some “friendly fire” competition. The ATO offers help to taxpayers every year from July to October to lodge their tax return. Its Tax Help program is a network of ATO-trained and accredited community volunteers who provide a free and confidential service to help people who need a little guidance

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PLS authorisation errors? Check the identity

Tax professionals getting used to the ATO’s practitioner lodgment service (PLS) need to be aware of some common lodgment authorisation errors. When using its PLS, the ATO says new clients must be added to a practice’s client list before lodging. “If you try to lodge before adding new clients, the lodgment won’t be accepted and

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Take heart: 78% of Aussies love their accountant

A new survey from online services marketplace ServiceSeeking.com.au, released just in time for the 2016 tax season, shows that nearly 80% of Australian taxpayers outsource their tax return. The data also revealed that 51% are happy with the amount of tax they pay and the cheapest month for your clients to have their return completed

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