In certain circumstances, the general anti-avoidance rules may apply to your personal services income arrangements.

Find the results from recent property manager audits and how our data matching capabilities are increasing.

The new Code of Professional Conduct (Code) obligations, which commenced on 1 August, will include a transitional rule in the Determination that will be available to tax practitioners that take genuine steps towards compliance during the transitional period. To assist practitioners, the Tax Practitioners Board (TPB) has commenced consultation on draft guidance on 3 of the new Code obligations.

Learn how the ATO is focusing on withholding tax obligations on certain payments to non-residents.

Changes to the first home super saver (FHSS) scheme will come into effect from 15 September 2024.

The Government will strengthen the integrity of the foreign resident capital gains tax (CGT) regime.

Make sure you know when to claim your clients’ deductions for land tax for their rental properties.

The Tax Practitioners Board (TPB) will soon be commencing a personal tax obligation compliance program. It will start by reminding all tax practitioners of their obligations and will strongly encourage those not meeting their obligations to get back on track voluntarily. Following this educational period, the TPB will commence specific compliance activity focussing on those who choose not to comply.

Bank or credit card statements on their own won’t usually provide enough evidence to prove work-related expense claims. Having the correct records to substantiate claims is essential to prove deductions.

Changes are being made to the First Home Super Saver (FHSS) scheme that may impact some APRA funds from 15 September.