by kirstyb | Jul 24, 2023 | ATO
Understanding your ATO notice of assessment can change how your tax is calculated. A Notice of Assessment is generally issued to us individually by the ATO when we lodge, and the ATO ultimately processes our individual income tax return. Recently, the ATO confirmed...
by kirstyb | Feb 27, 2023 | ATO, Business, Business Support
An area that often gets private companies into hot water, is the blurred line between the company’s money and the owner’s money. This is an area that many clients often tend to get wrong and is a frequent item on the ATO’s radar. This is what is referred to as...
by kirstyb | Aug 2, 2022 | ATO, SMSF, Superannuation
ATO has it’s eyes focused on these claims. There are areas the ATO is cracking down on this financial year, and bringing about greater attention to them now makes it easier to know what’s ahead. From changing work-related expenses to the sharing economy...
by kirstyb | Nov 4, 2021 | ATO
Tax treatment of cryptocurrencies – How the ATO deals with it with taxation rules. The term cryptocurrency is generally used to describe a digital asset in which encryption techniques are used to regulate the generation of additional units and verify transactions on a...
by kirstyb | Apr 7, 2021 | Property Investment, SMSF
SMSF Investment Strategies – Dealing with increased scrutiny With the 2020/21 financial year entering the last quarter, it is timely for SMSF Trustees to consider the currency of the Fund investment strategy, in light of the increased scrutiny being applied to the...
