Part of the Australian Taxation Office’s work is to ensure the integrity of the Australian Business Register. They are investigating the activities of ABN holders and with sufficient evidence, they may cancel your ABN due to inactivity
Campaigning for our Federal election is well and truly underway and we are being blasted with marketing on all media channels. Whether it is Labor or Liberals that win the race, we break down what tax cuts each party is promising
Renting a spare room in your main residence sounds like an easy way to make extra cash without the extra commitment. Whilst the advantages of this are attractive, the disadvantages also need to be considered.
We have been informed by the ATO that a 90% error rate was found within a random enquiry program for rental property claims. As a result, they are shifting their magnifying glass on rental properties and the types of claims made.
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