News

ATO small business benchmarks updated The ATO has announced the latest benchmarks for small businesses, updated for the 2013–2014 financial year. These benchmarks are a guide to help businesses compare their performance against similar businesses in the same industry. The benchmarks can also be used by...

Tax Time 2016: take care with work and rental property deductions The ATO encourages taxpayers to check all claims before lodging their tax returns, and has highlighted a number of areas of specific concern for tax time 2016. Work-related deductions The ATO encourages people to check which work-related...

Tax agents won’t lodge your tax return without it being signed. By signing the tax return, taxpayers authorise the tax return to be lodged. Traditionally, signing is done with a pen. But times have changed, and thank goodness for that, for a couple of reasons. Firstly,...

Many individual taxpayers believe their tax returns must be lodged by the end of October each year. While this is true for taxpayers who lodge their own returns, this is not necessarily the case for taxpayers who lodge through a registered tax agent. If you...