Streamlined Tax Lodgment: ATO Pre-Filled Data Simplifies the Process Ensure Accurate Deduction Claims and Stay Informed of Changing Rules With millions of pieces of information now pre-filled (including information from Read More…
ATO Guidance on Determining the Principal Purpose of a Car for Luxury Car Tax (LCT) Insights into Assessing LCT Liability for Vehicles Used for Carriage of Goods versus Passengers The Read More…
Changes to deductions this tax time Taxpayers who are small business owners operating from home, or who use a vehicle for business purposes, need to be aware of some changes Read More…
Use the correct fuel tax credit rates Rates changed on 1 July and 1 August — use the ATO’s calculator to apply the correct rates when making a claim on your BAS. Read More…
Draft Guidelines on Calculating Electric Vehicle Charging Costs Released by ATO Recordkeeping Requirements and Application of the EV Home Charging Rate for FBT and Income Tax Purposes The ATO recently Read More…