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Latest News
It’s Mental Health Awareness Month
Taxpayers experience financial difficulties for a number of reasons, including unexpected life events such as natural disaster, mental health issues, …
Transacting with cryptocurrency
A capital gains tax (CGT) event occurs when you dispose of your cryptocurrency. A disposal can occur when you: Sell …
Compulsory repayments of study and training support loans
Compulsory repayments of your study and training support loan are made through the income tax system. If you have a …
Taxable Payments Annual Report (TPAR)
With all the changes due to COVID-19, you may have contracted out more services in the past year. This could …
Your home as your main place of business
If you’re a sole trader or operate your business as a partnership, you may be able to claim some running …
Fuel tax credits for heavy vehicles
There is now a simpler way to calculate your fuel tax credits for diesel used in heavy vehicles. If you …
Personal Services Income
You receive personal services income (PSI) if over 50% of your income is a reward for your personal efforts or …
Concessions that small businesses may be eligible for
As a small business, you have access to a range of concessions that could help your cash flow. Company tax …
Claiming motor vehicle expenses
You can claim a deduction for motor vehicles expenses that are part of the everyday running of your business – …
Tips from the ATO to help you determine if your workers are still employees or contractors
If you’ve recently made changes to how you run your business, you may need to consider if each of your …
