ATO

ATO Archives

Cashflow solutions for challenging times

The ATO's Cash Flow Coaching Kit is designed to provide tailored, effective and actionable cashflow strategies for busin...
debts

Tax debts reach $34 billion as ATO resumes collection activities

Reports note that the ATO debt has been growing since 2019, further aggravated by suspended debt collection during the C...
eInvoicing

Five steps to get ready for eInvoicing

Be prepared to communicate your transition to eInvoicing with your partners, prioritising the businesses or suppliers yo...
alternative lending, wages

ATO warns contractors over ‘off-the-books’ payments

The ATO is making use of the taxable payment reporting system (TPRS) to monitor 'off-the-books' misconduct by contractor...
tax avoidance

ATO reveals industries most heavily involved in the ‘shadow economy’

Building and construction, hairdressing and beauty services, and cafés and restaurants are the industries involved in mu...
STP, payroll system, reporting

Businesses urged to switch to Single Touch Payroll Phase 2

Employers needing help in implementing STP Phase 2 are advised as well to consult a tax or BAS professional or payroll p...
pride, EOFY

ATO provides guidelines for small businesses filing their tax returns

The tax time toolkit is designed for both small businesses and their tax professionals and includes guides on reporting ...
JobKeeper

ATO to continue offering assistance, relief for affected businesses

As part of the relief efforts, the ATO announced that starting 1 July 2021, taxpayers who paid for a COVID-19 test for w...

ATO warns on “double-dipping” of tax deductions

While some people make genuine mistakes, there are those who look to gain an unfair advantage by claiming incorrect or f...

ATO targeting GST fraud

The ATO is investigating around $850 million in potentially fraudulent payments made to around 40,000 individuals, with ...