Taxation

Thumbnail image for ATO Data Matching: Temporary Visas

Each morning this week we’ve been taking a quick peek at some of the data matching programs the Australian Taxation Office (ATO) is running. This will be our fourth instalment in the series. Today the ATO have their sights on temporary visa holders in an effort to target refund fraud. DIAC/ATO Temporary ...

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Thumbnail image for There’s No Such Thing As A Free Lunch

If you operate your business through a company or a family trust, you are most likely an employee of your business (sole traders and partners are generally not employees). Benefits that are paid to employees that are not wages are fringe benefits and may be subject to Fringe Benefits Tax ...

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Thumbnail image for ATO Data Matching: Motor Vehicles

Each morning this week we’ve been taking a quick look at some of the data matching programs the Australian Taxation Office (ATO) is running. So far we have seen how the ATO uses information provided by the the banks and Centrelink. Yes, the ATO keep an eye on Motor Registry records too. Motor ...

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Thumbnail image for ATO Data Matching: Dependant Spouse

Big Brother is watching! Each morning this week we’ll be taking a quick peek at some of the data matching programs the Australian Taxation Office (ATO) is running. If you missed it, yesterday we outlined the Debit and Credit Card Data Matching project which is expected to involve around a whopping ...

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Thumbnail image for ATO Data Matching: Debit and Credit Cards

Last weekend I prepared a series of posts outlining some of the ATO Data Matching programs in the mix at the moment. Unfortunately, the blog database had to be restored and I lost most of that content. So this is take two! Let’s go again…. Each morning for the next ...

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Thumbnail image for November Tax Update Newsletter Available

The November edition of our Tax Update newsletter is now available for download from the main site. This issue includes information on: Christmas Gifts Small Business Benchmarks Record-Keeping for Business ATO’s New Property Web Page Pacific Seasonal Workers’ Tax Rate Reduced This particular newsletter is available for download exclusively for clients ...

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Thumbnail image for Payroll Tax Rebates for Hiring Employees with a Disability

A new Bill has been introduced into parliament to establish a payroll tax rebate scheme which is intended to encourage the employment of people with disabilities (as opposed to the general dis-incentive payroll tax offers for employing people). The Payroll Tax Rebate Scheme (Disability Employment) Bill 2011 will provide employers with ...

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