Office Christmas Party

The ATO’s Bushfire Crisis Response

In response to the devastating bushfires across large parts of Australia, the ATO has been keen to advise those impacted that it understands peoples priority is their family and community.

 

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Office Christmas Party

Lifestyle Assets Continue To Be An ATO Audit Target

The ATO has revealed it will request a further five years’ worth of policy information from over 30 insurance companies about taxpayers who own marine vessels, thoroughbred horses, fine art, high-value motor vehicles and aircraft.

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Office Christmas Party

World's Greatest Shave

Keith is parting with his luscious, slightly greying locks!

We are taking part in the World's Greatest Shave for the Leukaemia Foundation! We are on a mission to shave the world from blood cancer.

 

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Office Christmas Party

Disclosure of Business Tax Debts – Declaration Made

Following the enactment of legislation in late 2019, the ATO can disclose certain business tax debt information to external credit reporting bureaus.

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SMSs for SMSFs!

In the interests of protecting SMSF members and their retirement savings from fraud and misconduct, the ATO has announced it will send out an email and/or a text message via an SMS when changes (including updates to the SMSF financial details or member information) are made.

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Office Christmas Party

No CGT Main Residence Exemption for Non-Residents

The Government recently tabled legislation, making its second attempt to deny access to the CGT main residence exemption for individuals who are foreign residents (i.e., non-resident taxpayers for Australian tax purposes).

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Office Christmas Party

STP and Superannuation Guarantee

In a presentation at the Australian Institute of Superannuation Trustees Chairs Forum, the ATO's Deputy Commissioner confirmed that as a result of STP, the ATO now has an "unprecedented level of visibility" of super information.

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