Additional tax on concessional contributions (Division 293) notices

Keep an eye out for more Additional tax on concessional contributions (Division 293) notices for 2017–18 assessments for your clients. Some of your clients may receive this notice for the first time.

22 Jan 2019

Total superannuation balance requests

Find out how to request your clients’ total superannuation balance data. You can use this information to determine if your clients are eligible to make non-concessional contributions.

22 Jan 2019

Annual closure and systems availability

Our offices will close from Monday 24 December 2018 reopening on Wednesday 2 January 2019. During this time, there may be periods when our systems will be unavailable.

3 Dec 2018

Low-cost Single Touch Payroll solutions

A range of low-cost Single Touch Payroll solutions is expected to be available from early 2019. This is a list of the companies who intend to develop these solutions. The ATO will update this list in December 2018.

30 Nov 2018

Division 293 tax – new notice of assessment

From December 2018 clients who are assessed for Division 293 tax will receive a new notice of assessment. We redesigned the style, format and language to make the notice easier to understand.

27 Nov 2018

Private use of business cars

Help your clients understand their fringe benefits tax (FBT) obligations. The ATO are writing to you on behalf of your clients about business cars for private use by employees that may have a FBT liability.

13 Nov 2018

Payment due date for company and super clients

Some companies and superannuation funds have a payment due date of 1 December. If your clients have an income tax liability this year, you can check their payment due date online.

6 Nov 2018

Do your clients own a rental property?

If your clients own a residential rental property, remind them they are not able to claim deductions for the cost of travel to and from their property.

6 Nov 2018

Not required to lodge

Lodge the Taxable payments annual report – Not required to lodge form if your business doesn’t need to report payments made to contractors. If you are a government entity who doesn’t need to lodge a report, you can let the ATO know by sending them an email.

5 Nov 2018

New data on shares helps taxpayers to get it right

The Australian Taxation Office is once again extending its data matching program, this time focussing on share data.

30 Oct 2018

Simpler BAS bookkeeping

If your clients use Simpler BAS for GST reporting, recent changes to their software may make classifying GST easier. Find out how Simpler BAS bookkeeping can help.

23 Oct 2018

Changing your PAYG withholding cycle

Use the Business Portal to change your pay as you go (PAYG) withholding cycle.

17 Oct 2018

Lodgment due date concessions

If you think some of your clients may have missed out on your lodgment concession, wait until after 21 November to submit a deferral request.

16 Oct 2018

First quarterly TBARs due 28 October for some SMSFs

First quarterly TBARs due 28 October for some SMSFs.  You must report transfer balance account events to the ATO on the transfer balance account report (TBAR) by 28 October 2018 for some clients.  Read more.

12 Oct 2018

Cleaning and courier services – Taxable payments reporting system

For the 2018-19 financial year onwards, businesses offering cleaning and courier services are part of the taxable payments reporting system. If your clients provide these services, they need to keep records of their payments to contractors, and complete the Taxable payments annual report (TPAR).

11 Oct 2018

Current ATO SMS and email activities

From mid-October 2018 your clients may receive ATO SMS reminder about their lodgment obligations, and may contact you in response. A copy of the SMS will be available in the Client communication list in the portals.

10 Oct 2018

Shifty sales suppression tools now against the law

It is now illegal to manufacture, distribute, possess, use or sell electronic sales suppression tools (ESSTs).

10 Oct 2018

Ban on electronic sales suppression tools

An electronic sales suppression tool (ESST) is a tool used to facilitate tax evasion by manipulating business transaction records and under-reporting income.

5 Oct 2018

Cryptocurrency guidelines updated

Following community consultation earlier this year, the ATO have updated their guidelines on the tax treatment of cryptocurrencies. Find out more.

2 Oct 2018

Car, caravan and RV sharing

If your clients rent, hire or share their car, caravan or recreational vehicle (RV), they must declare the income in their tax return and may need to pay goods and services tax. Help them understand their obligations and when they can claim expenses.

2 Oct 2018

Add new income tax clients by 31 October

Make sure your new clients receive your tax agent lodgment program’s concessional due dates. Add them to your client list by 31 October 2018.

2 Oct 2018

What’s new for small business

Small businesses have access to a range of tax concessions. This page summarises the latest concessions available to small businesses.

26 Sep 2018

Scam warning – are scammers impersonating you?

A new scam method sees scammers pretend they are from the ATO, and try to trick your clients by impersonating you too. Warn your clients and let them know how to verify a call is legitimate, and not just scammers in disguise.

24 Sep 2018

Avoid five common GST reporting errors

With some simple checks, you can help your clients avoid the top five errors made when reporting GST.

24 Sep 2018

Updates to the Depreciation and capital allowances tool

The Depreciation and capital allowances tool has been updated. You can now send the tool information to your tax professional.

14 Sep 2018

Authorisations for STP

Employers may authorise their registered agents to act on their behalf for Single Touch Payroll (STP) through an annual agreement.

14 Sep 2018

Lower company tax rate: eligibility changes now law

The definition of a base rate entity has changed. Find out if you are still eligible for the 27.5% company tax rate.

12 Sep 2018

Peer to peer caravan and recreational vehicle sharing

The payments you receive from renting out your caravan or recreational vehicle, including through a sharing economy website or app, are assessable income.

6 Sep 2018

Moving to STP reporting

If you have clients already reporting through Single Touch Payroll (STP), or they are about to start, the ATO have resources to help you.

5 Sep 2018

Help for drought-affected taxpayers

Help is available for drought-affected taxpayers across regional, rural and metropolitan areas in financial hardship to manage their tax.

30 Aug 2018

What can you claim if you’re a flight attendant, police officer or a nurse?

With work-related expenses and rental property claims high on its radar this year, the Australian Taxation Office is stepping up help and advice for taxpayers who aren’t quite sure what they can and cannot claim.

29 Aug 2018

Black Economy Taskforce: extension of the taxable payments reporting system (TPRS)

In the 2017–18 federal Budget, the Government announced that businesses that supply courier or cleaning services will need to report payments made to contractors if the payments are for courier or cleaning services. In the 2018–19 federal Budget the Government announced that businesses that supply road freight, security, investigation, surveillance or information technology services will need to report payments made to contractors if the payments are for road freight, security investigation, surveillance or information technology services from 1 July 2019.

22 Aug 2018

Attention all car owners – you must declare what you share!

As part of the ATO focus on sharing activities, they are turning their attention to anyone earning income through car sharing platforms, in a bid to make sure they stay on the right side of the tax law.

22 Aug 2018

Latest serious tax crime investigation results

The ATO’s Criminal Investigation area investigates those who commit tax crime. This summary lists the outcomes of serious tax crime investigations over the period July to December 2017. They are the result of combined efforts by the ATO and their partner agencies who, with community support, keep our tax and superannuation systems fair.

13 Aug 2018

ATO posts review for online rentals

The Australian Taxation Office (ATO) is launching an extensive data-matching program to identify taxpayers receiving income from short term rentals. Information from online platform sharing sites for around 190,000 Australians will be examined to identify taxpayers who have left out rental income and over-claimed deductions.

13 Aug 2018

Checking for known system issues

There are several steps you can take to check for system issues. Find out what you can do, and what resources the ATO make available to help you.

13 Aug 2018

Single Touch Payroll deferrals

The ATO will consider granting a deferral if you are not ready to start Single Touch Payroll (STP) reporting from 1 July 2018. You will need to use one of their online forms and provide evidence.

2 Aug 2018

Penalty relief

Penalty relief applies to inadvertent errors in tax returns and activity statements. If the ATO finds an inadvertent error they will show you what it is and how to get it right next time.

02 Jul 2018

Personal Income Tax Plan

The Personal Income Tax Plan was announced in the 2018-19 budget with changes to apply from the 2018-19, 2022-23 and 2024-25 income years.

22 Jun 2018

Clothing claims put through the wringer this Tax Time

A focus on work-related clothing and laundry expenses this Tax Time will see the Australian Taxation Office (ATO) more closely examine taxpayers’ whose clothing claims don’t suit them.

14 Jun 2018

Single Touch Payroll begins 1 July 2018

Single Touch Payroll (STP) begins on 1 July 2018. You will need to align your reporting with your payroll process, which will report to the ATO each time you pay your employees with your regular pay cycle. Find out how you can prepare for STP.

13 Jun 2018

Client list – checks to make before clients are removed

Before you remove a client from your client list, check and update their details. This will help to avoid unnecessary contact from us about taxpayers you no longer represent.

28 May 2018

Targeted amendments to Division 7A

In the 2018–19 Budget the government announced that unpaid present entitlements will come within the scope of Division 7A of the Income Tax Assessment Act 1936. The targeted amendments of Division 7A from the previous 2016–17 Budget will be progressed as a consolidated package with a 1 July 2019 start date.

24 May 2018

Black Economy – increasing the integrity of the Commonwealth procurement process

On 8 May 2018, the Government announced that from 1 July 2019 businesses wanting to tender for Australian Government contracts over $4 million (including GST) will need a Statement of tax record (STR) from the ATO.

22 May 2018

Work-related car expenses media grabs

The Australian Taxation Office (ATO) has announced that it will be closely examining claims for work-related car expenses this tax time and has released video content for television stations interested in covering the story.

3 May 2018

ATO driven to scrutinise car claims this tax time

The Australian Taxation Office (ATO) has announced that it will be closely examining claims for work-related car expenses this tax time as part of a broader focus on work related expenses.

3 May 2018

GST property settlement changes

From 1 July 2018, new laws apply to how the GST is paid on some property transactions. Purchasers of new residential premises or subdivision of potential residential land will pay the GST amount directly to the ATO on or before settlement.

12 Apr 2018

Changes to ATO lodgment services

Information about the practitioner lodgment service (PLS), which is replacing the electronic lodgment service (ELS), and the move to Standard Business Reporting (SBR)-enabled software.

3 Apr 2018

Get ready for Single Touch Payroll

Single Touch Payroll (STP) reporting will be required for substantial employers with 20 or more employees from 1 July 2018. Details on how to count your employees and a get ready for STP checklist are on this page.

28 Mar 2018

Focus on holiday home rentals

The ATO are setting their sights on the large number of mistakes, errors, and false claims being made by rental property owners who use their property for their own personal holidays.

28 Mar 2018

Research and development registration

If your client intends to claim the Research and development (R&D) tax incentive for 2017, they must register. Submit their R&D registration application with the Department of Industry, Innovation and Science by 30 April 2018.

14 Mar 2018

From kebab shop to chiropractor, you can now instantly check your business performance

The ATO has released its latest small business benchmarks, providing over 100 different industries with average cost of sales and average total expenses. Businesses as varied as seafood retailers, bricklayers and dentists can see clearly what the relevant benchmarks are for their industry.

8 Mar 2018

New online services to replace Tax and BAS Agent portals

Online services for agents is the new channel we co-designed and are testing with you to access services you currently use in our portals.

6 Mar 2018

Time for employers to get ready for Single Touch Payroll

The ATO is urging employers with 20 or more employees to act now and prepare for Single Touch Payroll (STP) – the next step in streamlining payroll reporting.  From 1 July 2018, employers will need to report their employees’ tax and super information to the ATO through payroll software that is STP ready.

6 Mar 2018

Australians on notice to keep their receipts

The ATO is warning taxpayers they will be paying close attention to claims for ‘other’ work-related expenses this year, and is reminding people to keep appropriate records.

20 Feb 2018

Annual vacancy fee for foreign owners

An annual vacancy fee now applies for foreign owners of residential dwellings where the dwelling is not occupied or genuinely available on the rental market for at least six months per year.

12 Feb 2018

Improve the transparency of tax debts

The Government has announced that it will allow the Australian Taxation Office (ATO) to disclose tax debt information of businesses to registered credit reporting bureaus (CRBs). The ATO will only be able to disclose tax debt information of a business where certain criteria are met.  Read more.

15 Jan 2018

Changes to company tax rates

From the 2017–18 income year, companies need to be base rate entities to apply the lower 27.5% company tax rate. Base rate entities have a turnover less than $25 million and are carrying on a business.

12 Dec 2017

Disallow the deduction of travel expenses for residential rental property

From 1 July 2017, travel expenses relating to inspecting, maintaining, or collecting rent for a residential rental property can’t be claimed as deductions by investors. The changes are now law.

5 Dec 2017

Limit plant and equipment depreciation deductions to outlays actually incurred by investors

Income tax deductions for the decline in value of previously used plant and equipment in rental premises used for residential accommodation are no longer allowed. The changes are now law.

5 Dec 2017

Changes to how you claim the cost of managing tax affairs

The ATO will implement a change to the cost of managing tax affairs deduction label (D10) on the 2018 tax return for individuals.

22 Nov 2017

ATO finalises its position in relation to SMSF event-based reporting

After detailed consultation with the self-managed super fund (SMSF) sector, the ATO announced today that its implementation of SMSF event-based reporting from 1 July 2018 will be limited to those SMSFs with members with total superannuation account balances of $1 million or more.

9 Nov 2017

New approach for truck drivers to claim their meal expenses

The ATO has worked closely with the trucking industry to reinstate the ‘meal-by-meal’ approach for truck drivers who claim travel expenses for meals. Find out more about how this affects your truck driver clients.

27 Oct 2017

GST on imported services for Australian businesses

GST now applies to foreign businesses supplying services and digital products to Australian consumers. However, GST does not apply to GST registered Australian businesses making these purchases for business use. Find out more.

19 Sep 2017

Car claims in the crosshairs

Media release warning taxpayers that the ATO are paying close attention to claims for work-related car expenses this tax time.

25 Aug 2017

Tax Avoidance Taskforce – Trusts

In the 2013–14 Budget, the government announced it would provide funding over four years for a multi-agency taskforce to take compliance action against taxpayers involved in tax avoidance or evasion using trusts.

25 Aug 2017

Trusts – tax consequences of trust splitting

The ATO are currently developing an advice or guidance product to clarify their view on the tax consequences of trust splitting arrangements.

18 Aug 2017

New GST law changes impacting overseas businesses

There are two changes to the application of the Australian goods and services tax (GST) that will impact overseas businesses selling to Australia.

16 Aug 2017

Setting the record straight on Single Touch Payroll

The ATO is aware of recent media commentary regarding the implementation of aspects of Single Touch Payroll. This commentary relates specifically to proposed changes to the process when an employee starts a job.

16 Aug 2017

GST on low value imported goods delayed until 1 July 2018

Proposed changes to GST on imported goods up to $1,000 from 1 July 2018.

19 Jul 2017

Changes to capital gains withholding rules for foreign and Australian residents

Changes to the threshold and withholding rate for Foreign Resident Capital Gains Withholding (FRCGW).

18 Jul 2017

What attracts ATO attention

To help you get things right, you should consider the behaviours, characteristics and tax issues that attract ATO attention.

13 Jun 2017

Voice authentication

Use voice authentication to quickly and securely verify your identity when you access ATO online services through the ATO app or by contact the ATO by phone.

13 Jun 2017

Homing in on holiday homes

In the lead up to the June long weekend the ATO is reminding taxpayers that they are paying close attention to rental properties located in popular holiday destinations around Australia.

7 Jun 2017

ATO extends due date for 2015-16 SMSF returns

Lodgment and payment for 2016 self-managed superannuation fund (SMSF) annual returns with a concessional due date of 15 May 2017, has been deferred  to 30 June 2017. You do not need to apply for the deferral. ATO systems will be updated with the deferral for these obligations.

11 May 2017

ATO approach to dealing with super guarantee non-compliance

The ATO recognises the importance of the Superannuation Guarantee and works to ensure employees are paid their entitlements.

3 May 2017

Two tax agents sentenced for fraud

Two tax agents have recently been convicted of serious tax offences following two separate investigations

12 Apr 2017

Increase the small business entity turnover threshold

Read about the administrative treatment advice for the proposed legislation to increase the small business entity turnover threshold.

10 Apr 2017

Reducing the corporate tax rate

Find out about the administrative treatment advice for PAYG instalments and income tax returns for the proposed legislation to progressively reduce the corporate tax rate.

5 Apr 2017

GST on low value imported goods

The Government announced that GST will be extended to low value imported goods by consumers in Australia from 1 July 2017.

20 Feb 2017

Early warning for taxpayers making R&D claims

The Australian Taxation Office (ATO) and Department of Industry, Innovation and Science (DIIS) have released two new taxpayer alerts as a warning to those not being careful enough in their claims or seeking to deliberately exploit the Research & Development (R&D) Tax Incentive program.

9 Feb 2017

Super changes for self-managed super funds

The changes to the superannuation system, announced by the Australian Government in the 2016-17 Budget, have now received royal assent. Find out how these changes may affect trustees of self-managed super funds.

7 Dec 2016

ATO issues warning on contrived trust arrangements

The ATO has released a Taxpayer Alert today cautioning against arrangements that minimise tax by creating artificial differences between the taxable net income and distributable income of closely held trusts.

17 Nov 2016

Commissioner clarifies tax arrangements for working holiday makers

With a number of media reports circulating in relation to the tax treatment for working holiday makers and the tax that they pay, the ATO wants to make clear the tax arrangements in place.

2 Nov 2016

GST cross-border transactions between businesses

As part of the Board of Taxation review, the measure aims to ensure that Australia does not draw non-residents into the GST system unnecessarily.

25 Oct 2016

GST applying to digital products and services imported by consumers

This measure will amend the goods and services tax (GST) law to give effect to the 2015–16 Budget decision to ensure digital products and services provided to Australian consumers receive equivalent GST treatment whether they are provided by Australian or foreign entities.

25 Oct 2016

Practical tips

Practical tips provide you with information and instructional advice about common errors and changes to processes.

10 Oct 2016

Fringe benefits change and adjusted taxable income

The Government has changed the treatment of fringe benefits which impacts the way adjusted taxable income is calculated.

3 Oct 2016

ATO reminds small businesses that super needs to be paid in a new way

ATO reminds small businesses that super needs to be paid in a new way.

22 Sep 2016

Claiming the small business income tax offset

The ATO have identified some common errors when reporting net small business income to claim the small business income tax offset. Find out how you can avoid these errors and correctly claim the offset for your clients.

21 Sep 2016

Tips for trustees of death benefits

There are certain requirements the ATO need to consider on trust returns when your client’s deceased estate receives a death benefit. Find out what you need to do.

6 Sep 2016

New data reveals postcodes with most lost super

With new data revealing $11.7 billion is sitting in lost super accounts, the ATO is encouraging all Australians to reconnect with their super using its online services.

18 Aug 2016

ATO exposes dodgy deductions

With over eight million Australians claiming work-related expenses each year, Assistant Commissioner Graham Whyte is reminding people to make sure they get their deductions right this tax time.

16 Aug 2016

Reporting PAYG instalments on a company tax return

Avoid errors when completing PAYG instalments raised on the calculation statement for your client’s company tax return.

12 Aug 2016

Phoenix Taskforce cracking down on dodgy business behaviour

Six search warrants were executed yesterday by the ATO as part of a cross-agency investigation into alleged illegal ‘phoenix’ activity on the Gold Coast.

29 Jul 2016

Flexibility for small business to become SuperStream compliant

With only days to go until the 30 June SuperStream deadline, more than 450,000 small businesses have implemented the required changes. And for those who will not be ready in time, the ATO will offer a helping hand.

22 Jun 2016

ATO focuses on rental property owners

6 Jun 2016

ATO replaces e-tax with MyTax

6 Jun 2016

Accountants Desktop one minute budget summary on our Facebook page

4 May 2016

ATO warns against diverting personal services income to SMSFs

29 Apr 2016

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