What changed on 1 January 2019?

A quick snapshot of what has changed from January 2019

Financial Accounting, TaxationJPR BUSINESS GROUP7 February 2019taxation, economy, australian tax office, ATO, credit card debt

Tax on shares: ATO extends data matching program

The Australian Tax Office (ATO) is utilising data provided by the Australian Investments and Security Commission (ASIC) to data match share trades.

Business Development, Corporate Secretarial, Financial Accounting, TaxationJPR BUSINESS GROUP4 December 2018tax, taxation, ATO, australian tax office

No tax deductions if you don’t meet your tax obligations

New laws passed by parliament last month directly target the behaviour of taxpayers that don’t meet their obligations.

Business Development, Financial AccountingJPR BUSINESS GROUP4 December 2018tax deductions, tax, taxation, ATO, australian tax office

Confusion reigns over superannuation transfer balance cap

A recent speech by the ATO’s Assistant Commissioner for Superannuation demonstrates the very practical problems with the new superannuation rules.

Corporate Secretarial, Financial Accounting, SuperannuationJPR BUSINESS GROUP5 October 2018superannuation, taxation, australian tax office, ATO

Working from home: What deductions can you claim?

For a while now, the Australian Taxation Office (ATO) has been concerned about tax deductions individuals have been claiming for a whole host of expenses. The latest on their ‘hit list’ are home office expenses. We guide you through what you can and can’t claim if you work from home.

New Business, Financial Accounting, TaxationJPR BUSINESS GROUP5 October 2018home business, taxation, tax, ATO, australian tax office, work from home

Clothing deductions hung out to dry

The Australian Taxation Office is closely examining work-related clothing and laundry expense claims of taxpayers submitting their 2017-18 tax returns.

Taxation, Financial AccountingJPR BUSINESS GROUP13 August 2018tax, taxation, australian tax office, ATO, business, small business