Posts by Tracy James
The Black Economy
The black economy is a clandestine market or transaction that involves illegality.
Read MoreTax Agents Terminated by the Tax Practitioners Board (TPB)
The TPB takes firm action if it determines that registered practitioners have not complied with their obligations under the TASA, including the Code of Professional Conduct (Code).
Read MoreFree Tax Returns Through Tax Help
Low income earners can get their tax returns completed and lodged with the ATO for free through Tax Help.
Read More$5 Billion GST Tax Gap
The GST tax gap is estimated at $5 billion and is the difference between the theoretical GST liability estimate and the actual GST collected.
Read MoreNurses Rated Most Trusted Profession
Over 94% of Australians rate nurses highly for their ethics and honesty. Nurses have topped the annual survey for 23 years running.
Read MoreCompany Incorporation Costs Slashed
Due to immense competition, online company incorporation costs have plummeted.
Read MoreGarnishee Notices
Garnishee notices are a tool used by the ATO to collect outstanding tax debts from delinquent taxpayers.
Read MoreNo Escaping ATO Debts
ATO tax debts, like all debts, are legally enforceable obligations. The ATO collects these debts on behalf of the Australian Federal Government.
Read MoreSMSFs Grow in Popularity
Self-managed super funds (SMSF’s) continue to grow in popularity with 30,000 new funds eing established each year.
Read MoreSelf-Funded Retirees to be Taxed to Death
The Labour Party proposes to remove franking credit refunds which will cost taxpayers $5b per year.
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