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25/06/2019Income and deductions for businessThis information has been refreshed. Most income received from carrying on a business is assessable for tax purposes. You can claim deductions for expenses and may be eligible for concessions, offsets and rebates.
25/06/2019Record keeping for capital expensesThis page outlines ATO record-keeping requirements for uniform capital allowances (UCA) for general depreciating assets, low value pools and rollover relief.
24/06/2019Assessable incomeThis information has been refreshed. Most income from carrying on your business is assessable for income tax purposes with some exclusions, depending on a range of factors including your accounting method.
24/06/2019DeductionsThis information has been refreshed. You can claim a tax deduction for most expenses you incur in carrying on your business as long as they directly relate to earning your assessable income.
24/06/2019Deductions for motor vehicle expensesThe deductions you can claim for motor vehicle expenses depends on your business structure, the type of vehicle, and how the vehicle is used.
24/06/2019Deductions for travel expensesThis information has been refreshed. You can claim a tax deduction for expenses you incur travelling for your business. There are special record-keeping rules for claiming expenses you incur when travelling overnight.
19/06/2019ABNs - Do you know fact from fiction?A short video series to help business know fact from the fiction when it comes to Australian business numbers (ABNs)
19/06/2019Applying for Commonwealth Government contractsIf you tender for Commonwealth Government contracts over $4 million, you may need a statement of tax record from us.
19/06/2019Burning a hole in the illegal tobacco tradeGrowing and selling illegal tobacco robs the Australian community of vital funding and hurts honest businesses who are doing the right thing.
19/06/2019Closely held payeesInformation on the quarterly reporting concession for closely held payees
19/06/2019Common Reporting Standard reports due 31 JulyCommon Reporting Standard reports for 2018 are due to be lodged by 31 July 2019
19/06/2019Concessional reportingThere are a number of concessional quarterly reporting options available to help employers transition to STP
19/06/2019Don't forget your TINs - FATCA reporting requirementsFamiliarise yourself with reporting requirements for account holder US taxpayer identification numbers (TINs) if you are lodging FATCA reports.
19/06/2019J5 making a differenceThe Joint Chiefs of Global Tax Enforcement (J5) met in Washington, DC, to mark the one-year anniversary of the formation of the international alliance.
19/06/2019Online services for employeesShow your employees how the ATO's online services can help them to manage their tax and super.
19/06/2019Seasonal and intermittent employersInformation on the quarterly reporting concession for seasonal and intermittent employers.
18/06/2019Common Reporting Standard (CRS) - User Guide for the Small Reporter ToolThis guide is to assist reporters to prepare a Common Reporting Standard (CRS) report using our Small Reporter Tool v1.0.
18/06/2019Top 100 risk categorisation approachATO's approach to the top 100 clients with the largest impact on the tax system is based on our understanding of their risk position, circumstances, choices and behaviours.
17/06/2019From 1 July 2019Fuel tax credit rates from 1 July 2019.
17/06/2019Peace of mind for property purchasersATO information for property purchasers about how they can rely on the information provided by suppliers (vendors) for transactions affected by GST at settlement.
17/06/2019Support your employee's charitable donationsIf your business encourages workplace giving, we have all the information you need on our website.
12/06/2019Deductions for home-based business expensesIf your home is also your place of business, you can claim income tax deductions for a portion of the costs of owning, maintaining and using your home for this purpose. When you sell your home you may be liable for capital gains tax.
12/06/2019Not required to lodgeYou lodge the Taxable payments annual report – not required to lodge form if your business or entity doesn't need to report payments made to contractors.
06/06/2019FATCA news and updatesNews and updates for Foreign Account Tax Compliance Act (FATCA) reporters.
06/06/2019Ordinary time earnings - annual leave loadingOur view on when annual leave loading is part of ordinary time earnings, the evidence required to comply with that view, and our previous compliance approach.
04/06/2019Increasing access to company lossesA new 'similar business test’ now makes it easier for businesses to use past year losses to reduce their taxable income.
03/06/2019Multilateral Instrument - Australia-New Zealand joint approach now availableThe ATO and New Zealand Inland Revenue have released a joint administrative approach in relation to the new treaty tie-breaker rule for non-individual taxpayers, introduced by Article 4(1) of the Multilateral Instrument.
03/06/2019Take care of yourself and your staff, contact us early in times of difficultyTake care of yourself and your staff, contact us early in times of difficulty.
31/05/2019Capital allowances: review of assets used in aircraft industryWe have started a review of the assets used in the aircraft manufacturing and repair services industry with a view to making new effective life determinations.
31/05/2019Happy Birthday Business bulletinsKeeping businesses up to date with the latest legislative, corporate and administrative tax news and information for the past 15 years.