The ATO will acquire Australian sales data from online selling platforms for the 2024 to 2026 income years, including full names, dates of birth, addresses, emails, business names, ABNs, contact phone numbers and account details. […] CONTINUE READING
The main residence exemption needs to be considered in a variety of situations when a taxpayer sells a property they have lived in. […] CONTINUE READING
Many business clients like to review their tax position before the end of the income year and evaluate any strategies that may be available to legitimately reduce their tax. Traditionally, year-end tax planning for profitable small businesses is based around accelerating deductions and deferring income. […] CONTINUE READING
You will need to provide us with information to assist in preparing your income tax return. Please check the following and provide any relevant statements, accounts, receipts, etc., to help us prepare your return. Income/Receipts: Expenses/deductions. See our website for a list. […] CONTINUE READING