Tag: ATO
What does the Australian government spend your income tax on?
Percentages vary from year to year based on changes in government policy and the economy but most recently, the highest percentage of funds from ...
Phasing out written authorisation for agent linking
Agent linking between tax agents and clients is carried out through written authorisation. The ATO will be phasing agent linking out in the wake ...
The Howard government was the last to make any real tax reform
The Howard government’s incentive based GST tax policy was Australia’s last substantial tax reform that stood the test of time. Why? Because it increased ...
Prison! The consequence of failing to lodge tax returns and BAS
A Western Australian doctor, has been sentenced to seven months in jail for failing to lodge 18 income tax returns and business activity statements ...
Unhappy with Your Tax Refund?
Taxpayers are often unhappy with the size of their tax refund, believing it should be bigger. Sometimes the taxpayers are right and they are ...
No 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. If taxpayers ...
ATO Help for Drought-Affected Businesses
The ATO has a variety of measures in place to help drought-affected taxpayers in financial hardship to manage their tax. The ATO assistance includes: ...