The ATO reminds rental property owners and their tax agents to take care when lodging their tax returns this tax time. When preparing their tax returns, taxpayers should make sure all rental income is included, including income from short-term rental arrangements, renting part of a home, and other rental-related income. […] CONTINUE READING
The ATO would like everyone to stay alert to scams. They would never send taxpayers a link to log into the ATO’s online services or ask them to send personal information via social media, email or SMS. To find out more […] CONTINUE READING
Taxpayers who are small business owners operating from home, or who use a vehicle for business purposes, need to be aware of some changes when claiming deductions this tax time. […] CONTINUE READING
Businesses that have employees, or hire eligible contractors, will need to ensure that their payroll and accounting systems are updated to reflect the new super guarantee rate of 11% for payments of salary and wages that are made from 1 July 2023. […] CONTINUE READING
