ATO tax time focus

ATO tax time focus

Every year the Australian Taxation Office (ATO) announces three key focus areas for individual income tax returns for the upcoming tax season. This year the ATO is focused on some common areas where taxpayers make errors on their income tax return: Work-related...
Federal Budget 24-25

Federal Budget 24-25

On Tuesday 14 May Treasurer Jim Chalmers handed down the Federal Budget for 2024-25. A Budget surplus of $9.3bn is forecast in 2023-24, but an underlying cash deficit of $28.3bn is expected in 2024-25 (and a $42.8bn deficit for 2025-26). Cost of living has been...
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