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

Family assistance payments

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

13 Jun 2018

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 contact details are up to date.

13 Jun 2018

Tax Time 2018 preparation systems availability

During June the ATO have essential planned system maintenance to prepare their systems for tax time. Find out when their systems will be unavailable and what you can do to plan ahead.

5 Jun 2018

ATO focus on shares and capital gains

This year the ATO are paying close attention to taxpayers who have sold or transferred shares and the amount they are reporting as capital gains. Find out how you can help your clients get it right.

29 May 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 This will help to avoid unnecessary contact from us about taxpayers you no longer represent.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

Superannuation guarantee amnesty

On 24 May 2018, Minister for Revenue and Financial Services announced the commencement of a 12 month Superannuation Guarantee Amnesty (the Amnesty).  The Amnesty is a one-off opportunity for employers to self-correct past super guarantee(SG) non-compliance without penalty.  Subject to the passage of legislation, the Amnesty will be available from 24 May 2018 to 23 May 2019.

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

Claiming personal super contributions deductions

The removal of the 10% maximum earnings condition means more of your clients may be eligible to claim a personal super contributions deduction this tax time.

22 May 2018

Add new clients before lodging

To prevent errors when lodging using the practitioner lodgment service (PLS), make sure you add new clients to your client list before you lodge. Find out how.

21 May 2018

Dealing with an illegal phoenix operator?

Find out about the simple online checks you or your clients can do to make sure they aren’t engaging with an illegal phoenix operator.

14 May 2018

Transfer balance cap update

Transfer balance cap update for commutation authorities, excess transfer balance tax notices of assessment.

8 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

Deferral requests during peak lodgment periods

Deferral requests can take the full 28 days to process at peak lodgment times. Some of your clients may also have until 5 June to lodge and pay without needing to request a deferral.

1 May 2018

Follow the ATO on social media

Get the latest tax and super updates in seconds, share information with your clients and connect with the ATO today.

24 Apr 2018

Company and super fund tax return due dates

Lodgment due dates for your clients’ company and super fund tax returns may vary. Use the Tax Agent Portal or practitioner lodgment service to check when they are due.

24 Apr 2018

Use the correct payment reference number

Remind your clients to use the correct payment reference number to ensure their payment is credited to the correct account. Find out more.

16 Apr 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

Avoid common FBT errors

Fringe benefits tax (FBT) lodgment is due soon.  Avoid common errors and find out what attracts ATO attention.

9 Apr 2018

Lump sum payments for healthcare practitioners

It is important to know how to treat any lump sum payments your healthcare service clients receive from medical centres. Are they capital gains or ordinary income? Find out more.

9 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

It’s fringe benefits tax time

Request a fringe benefits tax (FBT) client list to check if your clients need to lodge FBT returns and lodge electronically to take advantage of the concessional lodgment due date. Find out more.

27 Mar 2018

SMSFs and non-arm’s length income from trusts

Help your clients understand the non-arm’s length income rules for trust distributions to a self-managed superannuation fund (SMSF).

21 Mar 2018

Ride-sourcing drivers – incorrect email

You may have received an incorrect email from the ATO about your ride-sourcing driver clients. Read more.

15 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

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.

14 Mar 2018

Law Companion Guidelines have been renamed

Based on feedback received from the community the ATO has changed the name of law companion guidelines (LCGs) to law companion rulings (LCRs).

13 Mar 2018

Inactive ABNs will be cancelled

Your client may have their ABN cancelled if they have not lodged BAS or income tax returns for more than two years, lodged no business income, or have stopped their business. Find out what they need to do.

12 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

Update to the ATO Publication Ordering Service

The ATO are updating their Publication Ordering Service in late March. Find out what you need to do.

5 Mar 2018

Need additional support to resolve a query?

If you have an administrative or tax interpretation query you have been unable to resolve online or by phoning the ATO, then their Complex issue resolution service can help. Find out more.

27 Feb 2018

Contacting employers about Single Touch Payroll

In March the ATO will be reminding employers that Single Touch Payroll starts from 1 July 2018. They will let them know where they can find more information and to contact you if they need help.

26 Feb 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

Focus on work-related expenses

Remind your clients to keep records when incurring work-related expenses as they need to be able to show how they worked out their claims come tax time. Find out more.

19 Feb 2018

Cash is no longer king

Businesses who deal in cash payments are more likely to make mistakes. Find out how you can help your clients.

13 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

Black Economy Taskforce: extension of the taxable payments reporting system to contractors in the courier and cleaning industries

Time is running out to give feedback on the proposal to extend the Taxable payments reporting system to the courier and cleaning industries. Read the exposure draft and explanatory material and provide your comments by 10 November 2017.

31 Oct 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

Changes to the taxation of the departing Australia superannuation payment (DASP) for working holiday makers

Information on the departing Australia superannuation payment (DASP) made to working holiday makers and the new tax rate from 1 July 2017.

30 Aug 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

Removal of election to treat super income streams as lump sums

From 1 July 2017, the government will remove the ability to treat super income stream benefits as super lump sums for tax purposes.

9 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

Change to personal super contributions deductions

From 1 July 2017, the 10% work test for claiming a deduction for personal super contributions will be removed.

5 Jun 2017

ATO provides certainty on tax treatment for those affected by recent payroll company issues

Today the ATO has issued initial guidance to assist taxpayers who may have been affected by the alleged actions payroll services currently under the joint AFP and ATO investigation, Operation Elbrus.

29 May 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

Transfer Balance Cap Introduction – March 2017 Webinar

This webinar will touch on the main features of the new transfer balance cap rules to give you an overview of how the reform is going to impact you if you have a retirement phase super income stream or capped defined benefit income stream.

3 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

Where is your client’s activity statement refund?

There may be instances where your clients are querying the delay of their business activity statement (BAS) refund. Read more on why your client’s BAS refund may be delayed.

18 Apr 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

Commissioner’s statement – ATO systems

Commissioner Chris Jordan’s statement about media claims around Tax Time 2017 in relation to recent system outages.

8 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

Super changes for APRA-regulated 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 affect you and your members.

7 Dec 2016

Super changes receive royal assent

The new super measures have received royal assent. Read an overview of the changes now. The ATO will provide more information and keep you informed about how the new measures may affect you and your clients as they integrate the changes into the super system.

30 Nov 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

Death of a client

There are three things you must include on an individual tax return when your client has passed away. This will speed up processing and stop the ATO from contacting you.

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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