The Government has announced that it will allow the Australian Taxation Office (ATO) to disclose tax debt information of businesses to registered Credit Reporting Bureaus.
Having kicked off visits to tax professional needing assistance to transition from AUSkey to myGovID on Monday, the Tax Office has finally confirmed the definite date AUSkey will cease to exist.
Does a drop in from the ATO mean you’re considered “dodgy”? ATO assistant commissioner Peter Holt speaks straight from the source in this MyBusiness Podcast.
Mr Nosworthy - who has worked with businesses large & small, including the likes of Microsoft, Universal Music and the AFL — revealed that there are three key problems that he commonly identifies among business leaders.
Businesses selling gift cards and vouchers will now need to amend their usage policies, with a national mandate on their expiry dates having taken effect from Friday, 1 November – with hefty penalties introduced.
Associate Partner of the Cranbourne office, Nick McPhillips, has just been announced WINNER of the ‘Public Accountant Award’ / ‘Tax & Compliance Award’ at the Accountants Daily 30 Under 30 Awards 2019.
As business owners, if we are travelling successfully, we invariably like to go out and buy a nice new car, something special to reward our hard work, and we might spend $50K.
New legislation has been introduced whereby individuals aged 65 or over can each make up to a $300K contribution to super upon selling their main residence, without affecting their standard contribution caps.
The ATO has announced its first direct use of Single Touch Payroll information, vowing to act on its “unprecedented level of visibility” of superannuation information, as it sends a warning to errant employers.
