ATO launches assault on rental property owners

ATO launches assault on rental property owners

by | May 10, 2023 | Tax Planning

ATO launches assault on rental property owners Laura Miller, B.Com, CA.  06 May 2023 The Australian Taxation Office (ATO) has launched a full-on assault on rental property owners who incorrectly report income and expenses.The ATO’s assessment, based on previous data...
Company money: A guide for owners

Company money: A guide for owners

by | Apr 17, 2023 | Industry Update

Company money: A guide for owners   Laura Millar, B.Com, CA. 18 Apr 2023 When you start up a business, inevitably, it consumes not just a lot of time but a lot of cash and much of this is money you have already paid tax on. So, it only seems fair that when the...
How Does Tax Apply to Electric Cars?

How Does Tax Apply to Electric Cars?

by | Apr 13, 2023 | Industry Update

How Does Tax Apply to Electric Cars? Laura Millar, B.Com, CA. 13 Apr 2023 Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) has released new details on electric vehicles. The FBT exemption for electric...
What’s the Deal with Working from Home?

What’s the Deal with Working from Home?

by | Mar 24, 2023 | Industry Update

What’s the Deal with Working from Home? Laura Millar, B.Com, CA. 6 Mar 2023 The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur...