HELP repayment thresholds/rates; study/training loan index rate
May 25, 2023
The Government has updated the repayment incomes and repayment rates for the Higher Education Loan Program (HELP) for the 2023-24 income year. The minimum repayment income for the 2023-24...
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ATO paid pilot for small retailers
May 25, 2023
ATO is paying retail small business participants for a 6-month pilot to trial a monthly GST lodgment cycle. They are looking for small retail businesses who currently report and pay GST qua...
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Tips on getting STP Phase 2 reporting right
May 25, 2023
The ATO have seen some mistakes as employers have moved to STP Phase 2 reporting. The most common mistakes include:
Pay codes: Make sure you’ve set up your pay codes correctly, and ...
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Small business late lodgment penalty amnesty program
May 25, 2023
The small business lodgment penalty amnesty program commences on Thursday, 1 June. It gives agents and their small business clients an opportunity to get their outstanding tax returns and...
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ACSC: BianLian Ransomware Group alert
May 19, 2023
The Australian Cyber Security Centre (ACSC), the FBI and US Cybersecurity and Infrastructure Security Agency (CISA) urges organisations to take immediate steps to safeguard computer syste...
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Public beneficial ownership register: additional funding (Budget)
May 19, 2023
The Government will provide $1.9 million over 2 years from 2023-24 to "establish a public registry of beneficial ownership of companies and other legal vehicles, including trusts"...
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ATO target areas for 2022-23 returns: rental property deductions; work-related expenses; CGT
May 19, 2023
The ATO has issued a media release setting out its three focus areas for what it terms "this Tax Time", ie the lodgement of 2022-23 returns.
The first area is rental property d...
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Build-to-rent properties: building allowance, MIT withholding rate 
May 4, 2023
The Prime Minister has announced the following measures designed to increase the supply of housing:
the depreciation rate for eligible new build-to-rent projects where construction c...
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Cents per km car rate from 1 July 2023
May 4, 2023
The ATO has issued draft legislative determination LI 2023/D12. It sets the cents per km method for calculating the work related car income tax deduction at 85 cents per km starting 1 July...
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ATO数据匹配:针对20万个个人的接载服务数据
April 27, 2023
税务局已经公告了对出租车和接载服务数据匹配计划的通知。 该计划将使澳大利亚税务局(ATO)获取乘车服务数据,以确定在2022-23财年期间可...
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