Do you sometimes take work trips for your business – perhaps to conferences, trade shows or to visit interstate clients? When a trip is clearly for business purposes only, the…
Are you paying off a loan for your investment property? Investment property owners should heed the ATO’s warning that it will target mistakes with rental property deductions this tax time….
Did you know that a random audit by the ATO last year revealed nine out of ten rental property owners made a mistake with their rental deductions? In this first…
Getting around to your taxes soon? The ATO has revealed the most common mistakes taxpayers tend to make at tax time, with thousands of lodgers caught out every year. Don’t…
It’s now clear that the ATO are taking deductions more seriously than ever. To stamp out false deduction claims the government have dedicated over $130m of additional resources to help…
Bunnings Warehouse has unwittingly found itself in the centre of a massive tradie tax fraud, with Bunnings’ ABN being used in more than 40% of all ABNs quoted in the…