This is a reminder to plumbers that your 2019 Taxable Payments Annual Report (TPAR) needs to be lodged with the ATO by 28 August 2019. Do you need to prepare a TPAR? You will need to lodge a TPAR if you have made payments to any contractors for work...
Continue Reading
ATO dispels top tax time myths to taxpayers Ahead of one of its biggest deductions crackdowns, the tax office has listed the top myths and misunderstandings that are causing mistakes and misunderstandings by taxpayers at tax time. Here they are: Everyone is entitled to claim a...
Continue Reading
High alert issued over myGov scam This week, Stay Safe Online issued a high alert involving a fake myGov e-mail promising taxpayers a tax refund, but instead is designed to steal personal and financial information. The email, which has the subject line ‘Important information regarding your account’,...
Continue Reading
A one-off, 12-month amnesty period for historical underpayment of the superannuation guarantee (SG) has been announced by the government (click here for media release), forewarning tougher penalties once the Single Touch Payroll (STP) regime kicks in fully next year. The amnesty offer applies for the 12 months from...
Continue Reading
Scammers target taxpayers in voicemail hoax The tax office has found that scammers are now leaving taxpayers voicemail messages, with threats to penalise and punish for tax debts. They also accuse the recipients of suspected tax evasion. “The scammers claim to be from the ATO and many threaten...
Continue Reading
Personal Property Securities Register (PPSR) Attention business operators… Did you know? In 2012 a new law, which also established a national online register – the Personal Property Securities Register (PPSR) – was introduced which may increase risk to your business. A retention of title clause...
Continue Reading