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Relevant and practical knowledge and tools to build your business

Internal tax documents released — a peek into court interpretations

The ATO has released on its legal database a series of what until recently have been internal ATO documents. Internal tax documents released The release of these documents in an initiative that the ATO has labelled “iNOW!” (a contraction of “interpretation now”) and is, according to assistant commissioner Gordon Brysland, “a reinvention initiative to drive

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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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