Investment diversification requirements for SMSF strategies

The ATO will contact self-managed super fund (SMSF) trustees and their auditors where their records show a lack of investment diversification. They will ask trustees to ensure their investment strategy complies with regulation 4.09 of the Superannuation Industry (Supervision) Act (SISA).

20 Aug 2019

Incorrect excess non-concessional contribution determinations

A small number of your self-managed super fund member clients may be affected by ‘double counting’ of their pension, incorrectly inflating their total super balance. Find out what to do if they receive incorrect excess non-concessional contribution determinations.

20 Aug 2019

No longer accepting spreadsheet TBAR lodgments from 31 October

Since the introduction of online TBAR lodgment via Online services for agents, agents will no longer be able to lodge the TBAR spreadsheet form after 31 October 2019.

19 Aug 2019

ATO watching for foreign income this Tax Time

The ATO is urging taxpayers who receive any foreign income from investments, family members or working overseas to make sure they report it this tax time.

15 Aug 2019

Disclosure of business tax debts

The Government introduced a bill on 24 July 2019 that will allow the ATO to disclose business tax debt information to registered credit reporting bureaus of businesses that have not engaged with the ATO to manage their debts.

14 Aug 2019

Federal Court provides clarification on the personal services income rules

The Federal Court handed down two decisions relating to personal services income (PSI) rules yesterday.

13 Aug 2019

Non-compliant payments to workers no longer tax deductible

Payments your business clients make to workers will no longer be tax deductible if they have not complied with the pay as you go (PAYG) withholding obligations for those payments.

13 Aug 2019

Contacting small employers about STP

The ATO will soon start writing to small employers who are not yet reporting through Single Touch Payroll (STP) to remind them of their obligations. Some of these may be your clients.

13 Aug 2019

Misuse of SMSF auditor numbers

The ATO are reviewing the misreporting of self-managed super fund (SMSF) auditor numbers (SANs) on SMSF returns (SARs). They recently detected 1,445 instances of potential fraud.

25 Jul 2019

FBT on home phone and internet expenses

Reimbursing employees or paying a third party for their internet expenses? Find out more information on how you can help your clients to comply with their fringe benefits tax obligations.

24 Jul 2019

Taxable payments annual report due 28 August

If your business paid contractors during the 2018–19 financial year you may need to lodge a Taxable payments annual report (TPAR). TPAR lodgments are due by 28 August 2019.

24 Jul 2019

Include sales of new property in your BAS

If you supply (sell) new residential property or land that new residential property could be built on, you must report sales and GST in your business activity statement.

24 Jul 2019

Older Australians are downsizing their homes and building their super

Older Australians choosing to sell their home and downsize or move from homes that no longer meet their needs, can contribute proceeds, of up to $300,000, from the sale into super.

19 Jul 2019

Private health insurance information in the pre-fill report

Use the pre-fill report to determine the number of days your client had private patient hospital cover. If the information is not available in pre-fill by 20 July 2019, your client may need to request a statement from their health insurance provider.

16 Jul 2019

Informing your clients their information is ‘Tax ready’

Some of your clients may receive a myGov Inbox message to let them know their end of year income statement is ‘Tax ready’.

16 Jul 2019

Update on AUSkey replacement

Find out the latest on myGovID and Relationship Authorisation Manager (RAM), which will replace AUSkey by March 2020.

10 Jul 2019

Inappropriate use of myGov

We have identified some agents using taxpayer’s personal login details to access their ATO Online account through myGov. This is not an approved lodgment channel for agents.

9 Jul 2019

Using stock for private use

Remember to ask your business clients if they use stock for private use. The value of this stock is part of their assessable income, and must be included on their income tax return.

5 Jul 2019

Low and middle income tax offset now law

Changes to the Personal Income Tax Plan are now law.

5 Jul 2019

Small business clients need to be ready for STP by 30 September

Reporting through Single Touch Payroll (STP) for small employers started on 1 July. If your small business clients have not started reporting through an STP-enabled solution, they have until 30 September 2019 to take action.

2 Jul 2019

Defined benefit income cap

Your clients who receive income from capped defined benefit income streams may have additional tax liabilities. You may need to calculate their entitlement to the 10% tax offset.

2 Jul 2019

Contacting your clients about STP reporting irregularities

The ATO are currently contacting some businesses where they have identified issues with their Single Touch Payroll (STP) reporting. These businesses may be your clients.

2 Jul 2019

10 things to know this tax time

To help you and your clients this tax time, the ATO have put together a list of key information you need to know.

2 Jul 2019

When to lodge a family trust election

A trust must pass the family control test on 30 June 2019 before a family trust election can be made for the 2018–19 income year.

2 Jul 2019

Lodging your TPAR

You need to lodge your Taxable payments annual report (TPAR) by 28 August. Businesses can do this online or by paper form. Government entities must lodge their report online.

27 Jun 2019

ATO puts the brakes on dodgy car claims

The ATO is making work-related car expenses a key focus again during Tax Time 2019. This follows warnings by the ATO last year that work-related car expenses would face greater scrutiny.

25 Jun 2019

TPAR obligations now online

You can now see your clients’ Taxable payments annual report (TPAR) obligations, lodge and amend reports using Online services for agents.

25 Jun 2019

New tax return status report

The ATO will soon start sending you a weekly email which reports the specific action underway with the processing of your clients’ tax returns. The new Tax return status email will replace the current 30 day delayed report.

25 Jun 2019

Correction to overdue lodgment emails

If your clients had income tax returns with a due date of 15 May, the ATO consider them to be lodged on time if you lodged by 11 June 2019.

25 Jun 2019

Proposed changes to low and middle income tax offset

Proposed changes to the new low and middle income tax offset are currently before parliament. Once the changes are law, we will automatically amend your clients’ processed 2018–19 income tax returns.

24 Jun 2019

Incorrect bank account details and electronic refunds

From 1 July to 30 November 2019 the ATO will send SMS text messages to your clients if incorrect bank account details were included in their tax return and they are entitled to a refund.

24 Jun 2019

STP and closely held payees

Information on the quarterly reporting concession for closely held payees

19 Jun 2019

Family assistance payments

Make sure your clients don’t miss out on their family assistance payments. Find out what they need to do.

19 Jun 2019

Unreported ‘cash in hand’ payments to workers no longer tax deductible

The Australian Taxation Office (ATO) today reminded employers that any ‘cash in hand’ payments made to workers from 1 July 2019 will not be tax deductible.

18 Jun 2019

Submitting a non-lodgment advice

If your clients are not required to lodge an income tax return, tell the ATO before the lodgment due date so they can update their records.

18 Jun 2019

Does your client need a Medicare Entitlement Statement?

If your clients are not eligible to enrol in Medicare, they can claim the Medicare levy exemption in their tax return. Find out how you or your client can apply for a Medicare Entitlement Statement.

18 Jun 2019

Tax time tips for small business – 2019

The Australian Taxation Office (ATO) is lending a helping hand to nearly four million small businesses to get their tax right this tax time.

14 Jun 2019

Tax Time 2019 and more – webcast recording available

The recording and transcript for the latest Tax professionals conversations webcast held on 5 June is available. Hear their key messages about tax time this year, and find out about changes that may affect you, your practice and your clients.

13 Jun 2019

Single Touch Payroll starts 1 July – small employers are you ready?

The ATO strongly encourage all employers with 19 employees or less to get on board and start reporting through Single Touch Payroll from 1 July 2019.

11 Jun 2019

Your lodgment program performance summaries

The ATO will send lodgment program performance summaries to tax agents in late July. Review your client list and ensure that your practice contact details are up to date.

11 Jun 2019

Are your clients residents for tax purposes?

If you or your clients are unsure about their residency for tax purposes, check out the ATO information and tool to help understand their tax situation.

11 Jun 2019

Guidance on super guarantee leave loading

The ATO has recently updated their guidance on how to treat super guarantee on leave loading for your employees

6 Jun 2019

Deferral notification registered agents 4 June

Information for tax agents about the 5 June concessional arrangement for tax returns with a lodgment due date of 15 May 2019.

6 Jun 2019

Study and training loans – what’s new

Content related to any new legislation for study and training loans.

5 Jun 2019

Review your client list

Update your client list to add new clients and remove those you no longer represent. Find out why it’s important and how to get it right.

4 Jun 2019

Setting up payment plans

Using Online services for agents you can view existing, and set up new, payment plans for your clients.

4 Jun 2019

Does your client have a myGov account?

If your client has an existing myGov account or sets up a new one linked to the ATO, they will receive correspondence to their myGov inbox. You can still view their correspondence online.

4 Jun 2019

Contacting your clients about payment summary changes

If your clients’ employers report through Single Touch Payroll and the clients are linked to ATO online services through myGov, the ATO will contact them to let them know the way they receive their payment summary information will change.

4 Jun 2019

ATO to iron out false laundry claims

The ATO will target false clothing and laundry work-related expense claims this tax time. In 2018, around six million people claimed work-related clothing and laundry expenses totalling nearly $1.5 billion.

4 Jun 2019

Increasing access to company losses

A new ‘similar business test’ now makes it easier for businesses to use past year losses to reduce their taxable income.

4 Jun 2019

Take care of yourself and your staff, contact us early in times of difficulty

Take care of yourself and your staff, contact us early in times of difficulty.

3 Jun 2019

Making a Division 293 election

The process to release money from super fund accounts to pay additional tax on concessional contributions (Division 293) changed on 1 July 2018. You or your clients must now send election forms to the ATO and not to the super fund. Forms can be lodged online through Online services for agents.

3 Jun 2019

Fixing incorrectly issued excess non-concessional contributions determinations

The ATO has recently identified a system error that led them to issue incorrect pre-dated excess non-concessional contributions determinations to clients. Find out what they are doing to address the error.

3 Jun 2019

Tendering for Commonwealth Government contracts?

If your clients apply for Commonwealth Government contracts over $4 million, let them know that they may need a statement of tax record from the ATO.

3 Jun 2019

Personal super contributions deduction eligibility client reminder

Your clients may be considering boosting their superannuation with a personal contribution. Check on their eligibility and how to correctly claim the deduction.

31 May 2019

System availability and start of return processing

The ATO will start full processing of 2019 tax returns on 5 July 2019. They expect to start paying refunds from 16 July 2019.

30 May 2019

Prepare for Tax Time 2019

Tax time is almost here. Read about key changes and new measures you need to be aware of when preparing your clients’ tax returns and find out how to access forms and instructions.

30 May 2019

Changes to lodging deductions data

This tax time there will be changes that allow the ATO to receive more data from your clients’ individual tax returns.

30 May 2019

Lodging line entry deduction data

From 1 July 2019 we will receive the line entry deduction data.

28 May 2019

Super in Online services for agents

You can view some superannuation information in Online services for agents for your individual clients. Check you have the correct Access Manager permissions, and find out what super information you can see.

27 May 2019

Changes in creditable purpose of property

If your clients use property in a different way to how it was originally intended when they purchased it, they must report adjustments in their June activity statement.

27 May 2019

Inactive low-balance super accounts

Super funds are required to transfer the balance of inactive low-balance accounts to us and, where possible, we’ll proactively consolidate these into active super accounts.

24 May 2019

Updating activity statement notifications

Online services for agents now allows you to choose or update where you and your clients want the ATO to send their activity statement lodgment notifications.

22 May 2019

Changes to ABN application process

The ATO Australian business number (ABN) application process is changing as they continue to focus on ABN entitlement and ensure the integrity of the Australian Business Register.

20 May 2019

Auditing an SMSF that is winding up

Guidance for SMSF auditors on auditing an SMSF that is is winding up

17 May 2019

Trustee obligations on ATO radar: TFN reports

The ATO is currently looking into various trustee obligations, such as TFN reports. Find out what you need to do to get things right.

17 May 2019

Reporting requirements when finalising an SMSF audit

Reporting contraventions is an important part of the SMSF audit process and should be done immediately after you form an opinion that a contravention has occurred, is occurring, or may occur.

14 May 2019

Annual SMSF lodgments due 15 May

The due date for many SMSF annual returns and annual transfer balance account reports (TBARs) is 15 May 2019. Find out more about what and when to lodge.

14 May 2019

STP and end of financial year changes

Single Touch Payroll (STP) has changed how your employer clients provide, and your employee clients access, end of financial year information.

14 May 2019

End-of-year finalisation through Single Touch Payroll

If you are reporting through Single Touch Payroll (STP), your end-of-financial-year processes will be different.

13 May 2019

Farewell to the ELS

The practitioner lodgment service (PLS) is now the ATO main electronic lodgment channel with the electronic lodgment service (ELS) being retired on 18 April 2019.

13 May 2019

Reminder: due dates for SMSF annual returns and TBARs

Find out what you need to lodge and when, plus a reminder about independent auditor’s reports.

13 May 2019

Protecting Your Super – how the new law may affect SMSFs

Under the Protecting Your Super package, SMSFs may receive a rollover of consolidated unclaimed super money for members.

9 May 2019

Help with your lodgment program

If you are experiencing difficulties managing your lodgment program due to unforeseen circumstances, help is available.

8 May 2019

Single Touch Payroll exemptions

There are certain exemptions for Single Touch Payroll (STP). This page includes information on the exemptions that may apply to certain employers.

8 May 2019

Do your clients have foreign income?

With the global gig economy continuing to grow, make sure your clients declare all sources of foreign income in their tax return.

6 May 2019

Exemption certificates for foreign investors of residential real estate

Your foreign clients can apply for an exemption certificate if they propose to invest in Australian residential real estate. If approved, this exemption certificate will allow them to bid or make offers on multiple properties within a six-month period, provided they only proceed with purchasing one property.

6 May 2019

Low-cost Single Touch Payroll solutions

This is a list of the firms who are developing no-cost or low-cost Single Touch Payroll solutions and their products.

6 May 2019

Director penalty regime

As a director, you must ensure your company complies with its tax and super obligations. Failure to do so will result in a personal liability.

3 May 2019

How the ATO deals with non-compliance

The ATO main focus is encouraging SMSF trustees to comply with the super laws, but there are occasions when stronger responses are warranted.

3 May 2019

Single Touch Payroll deferrals

You or your clients may need more time to get ready to report through Single Touch Payroll (STP). Find out what you need to know and how to apply for a transitional deferral.

3 May 2019

Key changes to ATO portal

Information about key features available in Online services for agents.

2 May 2019

The ATO has started reviewing cryptocurrency records

The ATO now receives information from cryptocurrency designated service  providers and will match this data with taxpayer records.

1 May 2019

Small employers and STP

The ATO are writing to employers with 19 or less employees to help them get ready and let them know about their Single Touch Payroll (STP) obligations.

30 Apr 2019

ATO receives cryptocurrency data to assist tax compliance

The Australian Taxation Office (ATO) is collecting bulk records from Australian cryptocurrency designated service providers (DSPs) as part of a data matching program to ensure people trading in cryptocurrency are paying the right amount of tax. Data to be provided to the ATO will include cryptocurrency purchase and sale information. Deputy Commissioner Will Day said the data will make up a key element in the ATO’s compliance program.

30 Apr 2019


myGovID is a new way to prove your identity online.

17 Apr 2019

Relationship Authorisation Manager

Relationship Authorisation Manager is a new way to manage who can act online for your business.

17 Apr 2019

Tax office to double audits of dodgy rental deductions

Rental property owners are being warned to ensure their claims are correct this tax time, as the ATO will double the number of audits scrutinising rental deductions.

17 Apr 2019

Proposed Superannuation Guarantee Amnesty

The proposed Superannuation Guarantee Amnesty is a one-off opportunity for employers to correct past super obligation non-compliance without penalty. Until the law is passed the ATO will apply the existing law.

17 Apr 2019

Claiming deductions for rental properties?

Some tax agents are still claiming travel to residential rental properties for their clients. The ATO have a range of guidance products available to help you and your property investor clients get expense claims right.

16 Apr 2019

2019 Tax time summary of non-individual form changes

A summary of expected changes to certain tax returns and schedules for the 2019 income year. It also includes expected changes to the International dealings schedule.

16 Apr 2019

New super guarantee measures

Several super guarantee integrity measures within the Treasury Laws (2018 measures No.4) Bill 2018 have been enacted. See how they could affect your clients.

15 Apr 2019

FBT issues on ATO radar

With the end of another fringe benefits tax (FBT) year approaching, the ATO want to tell you about the FBT issues that are currently hot on their radar so you can avoid costly mistakes.

3 Apr 2019

Online TBAR lodgment and TBC information now available

Viewing transfer balance cap (TBC) information and lodging the Transfer balance account report (TBAR) is now easier for agents using Online services for agents.

2 Apr 2019

No SMSF audits for five years could result in cancelled auditor registration

The ATO is contacting SMSF auditors who haven’t audited an SMSF in the past five years to request information about their professional situation.

1 Apr 2019

Statement of tax record

From 1 July 2019, tenderers and their first tier subcontractors applying for Commonwealth Government contracts over $4 million (including GST), must obtain a statement of tax record (STR) showing satisfactory engagement with the tax system.

26 Mar 2019

Tax changes for businesses

Let your small business clients know how recent tax changes including tax rates, write-off thresholds and tax concessions may benefit them.

26 Mar 2019

AUSkey replacement coming

AUSkey will be retired in 2020. Find out about its replacements – myGovID and the Relationship Authorisation Manager (RAM).

25 Mar 2019

Lodging deductions data

The ATO will receive line entry deductions data for 2019 individual tax returns lodged via the practitioner lodgment service (PLS).

25 Mar 2019

Bulk ABN cancellations

The ATO is helping to maintain the integrity of the Australian Business Register by cancelling your clients’ inactive Australian business numbers (ABNs). Discover how this may affect your clients.

25 Mar 2019

New industries entering the taxable payments reporting system

For the 2019–20 financial year onwards, businesses providing road freight, information technology (IT), security, investigation or surveillance services are legislated to report contractor payments in the taxable payments reporting system. If your clients provide these services, they need to keep records of their payments to contractors, and complete a Taxable payments annual report.

21 Mar 2019

GST at settlement – suppliers to report sales

The ATO has noticed a number of errors in the reporting of property sales in activity statements. Check your clients are correctly reporting property sales and GST credits, and amend incorrect activity statements if necessary.

12 Mar 2019

SMSFs – faster issuing of notices of compliance

From early March 2019, the timeframe for new self-managed super funds (SMSFs) to become ‘Complying’ on Super Fund Lookup (SFLU) will be shorter.

12 Mar 2019

Ordinary time earnings – annual leave loading

Information outlining the ATO view on when annual leave loading is part of ordinary time earnings, the evidence required to comply with that view, and ATO compliance approach for historical quarters.

12 Mar 2019

ESST transitional period ending soon

Electronic sales suppression tools (ESSTs) used to facilitate tax evasion were banned in 2018. Let your clients know what they need to do before the transitional period ends.

11 Mar 2019

Time for small employers to get ready for Single Touch Payroll

Legislation to extend Single Touch Payroll (STP) reporting to all employers from 1 July 2019 is now law.

7 Mar 2019

The ATO’s new approach to misuse of SMSF auditor numbers

The ATO is addressing concerns by SMSF auditors about potential misuse of their auditor number in SMSF lodgments.

7 Mar 2019

STP for small employers

Parliament has approved legislation to extend Single Touch Payroll (STP) reporting to include all small employers from 1 July 2019. This legislation is awaiting royal assent. Find out about the ATO webcast on Tuesday 5 March and the resources available on STP.

19 Feb 2019

What’s new for small business

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

30 Jan 2019

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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