We outline the areas at risk of increased ATO scrutiny and the opportunities to maximise your deductions.

The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to...

The 2024-25 Federal Budget is the third for the Albanese Government and consistent with previous years, the primary themes are expected...

The ATO has signalled that it is willing to pursue professional services firms who divert profits to avoid tax. Two new cases before the...

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention. Electric...

In 2023, the Australian National Audit Office advised the ATO that excluding debt from being offset was inconsistent with the law, regardles

The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the...

A recent case before the Administrative Appeals Tribunal (AAT) highlights the importance of ensuring that the evidence supports the tax...

A decision by the Administrative Appeals Tribunal has the tax world in a flurry after the Tribunal found in favour of a taxpayer who sold...

The ATO estimates that incorrect reporting of rental property income and expenses is costing around $1 billion each year in forgone tax...

The Australian Taxation Office have released a new draft ruling on self-education expenses. We revisit the deductibility of...

$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators and over 100...