The ATO 'removes the gloves' on overseas income

How you are taxed and what you are taxed on depends on your residency status for tax purposes. As tax residency can be different to your general residency status it’s important to seek clarification. The residency tests don’t necessarily work on ‘common sense.’

Investment, Superannuation, TaxationJPR BUSINESS GROUP5 September 2019Tax, Taxation, australian tax office, overseas income, personal tax

Personal income tax changes – addressing the confusion around what you are really entitled to?

The recent income tax cuts that passed through Parliament do not mean everyone automatically gets $1,080 back from the Government as soon as they lodge their income tax return. The Australian Taxation Office (ATO) has been inundated with calls from taxpayers wanting to know where their money is and how they can access the $1,080 they now believe is owing to them.

TaxationJPR BUSINESS GROUP31 July 2019Tax, income tax, Taxation, personal tax, ATO, australian tax office