The Accounting Division Blog
Direction of future tax reform
To be fiscally responsible, a government needs to have enough resources to service its debt obligations. One of the main sources a government uses to
ATO scam calls may be a thing of the past
Receiving scam calls purportedly from the ATO and other official departments may be a thing of the past with the completion of a successful trial
R&D incentive overhaul
In simple terms, the Research and Development (R&D) tax incentive provides a tax offset to eligible companies that conduct certain R&D activities that are likely
Are you signed up to the new small business super clearing house?
The small business superannuation clearing house (SBSCH) is a convenient service that allows small businesses to make superannuation contributions for employees in one single payment.
Selling property: don’t forget the clearance certificate
if you’re thinking of selling a property, you probably know all about finding a solicitor or conveyancer and a real estate agent, but did you
Future direction of the ATO
The Commissioner of Taxation, Chris Jordan, spoke recently at a conference about what’s in store for the ATO including upcoming changes, transformations, aspirations for the
15/01/2021:
Did you know that you can boost your super savings by using the unused carry forward concessional contributions cap? Put simply, the unused cap allows
Got clearance to sell your home?
In the market to sell your house? Before you call in the real estate agents and home stylists, you probably know that you’ll need to
Get ready for e-Audits
The ATO is finally catching up with the times by using computer assisted verification techniques to conduct audits, a process they are calling e-Audits. The
Clothing deductions – Beware this tax time
If you have previously claimed work-related clothing expenses and laundry expenses in your tax return, you should beware this tax time because the ATO is