Authoritative and technically accurate information and guidance on all areas of tax

R&D tax incentive claims are being scutinised

The Tax Office warns that it is working closely with AusIndustry to identify taxpayers involved in aggressive R&D Tax Incentive arrangements. It says some claims made for the R&D incentive have been negligent on the compliance requirements generally expected when making a claim, with some other instances even bordering on tax avoidance and fraud. The

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Tax Office videos explain some work related expense claims

Have you been slow off the mark and still haven’t lodged your income tax return yet (or even better, made an appointment with your tax agent)? It’s already September, so you’d better get cracking as the Tax Office expects all returns to be lodged by October 31 — although this is another reason why it’s

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The Tax Office asked small business how it can help: Here’s what you told it

The Tax Commissioner, Chris Jordan, spoke at the annual National Small Business Summit a few weeks ago, fulfilling a commitment to return a year before. In between these engagements, Jordan’s staff were out and about across the country consulting thousands of small businesses owners, getting feedback and input from each one about the Tax Office’s

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Tax Office confirms Uber drivers to pay GST

Embattled ride-sharing service Uber this week said it will challenge new guidance released by the Australian Taxation Office (ATO) that its drivers must collect and pay GST. GST on Uber drivers makes sense. Uber believes its ‘driver-partners’ are being unfairly treated by the ATO because other “sharing economy” services like Airbnb have not been singled

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Single touch payroll delayed for more consultation

When the Single Touch Payroll initiative was first floated at the end of 2014, it was touted as a tool that would eliminate several red-tape producing processes and do away with the need for many reporting demands presently dumped on small business owners. It is called “single touch” because the interactive online tool is intended

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