Assuming last is required, the following 4011 results were found.

  1. Double-dip and risk an audit, warns ATO

    providing incorrect information.” Mr Loh said one in three Aussies claimed working-from-home expenses in their tax return last year and the ATO expected this trend to continue. He said a common mistake was using the working-from-home shortcut method to...

  2. Inflation will force a third of businesses to raise prices

    experienced increases in their operating expenses over the previous month compared to just 22 per cent in the same month last year, and the highest level since the survey question was first asked in July 2020. More than a third of businesses expect...

  3. How to process your ATO correspondence more efficiently

    Over the last few years, we’ve adapted to new work environments and accelerated our use of technology to make life easier, more efficient and save time. One thing that hasn’t stopped over this time is the ATO correspondence. While they have moved...

    • Type: Article
    • Author: ATOmate - Powered by BAW
    • Category: Technology
  4. $640k refund caught in GST crossfire

    unfrozen. The whole process took about a month, with the refund arriving on 14 April and the customer getting the money late last week. He said Fortitude was a small firm and the disruption could have been worse. “We’re just fortunate with the time of...

  5. CountPlus appoints CEO and CFO

    CountPlus board for its confidence in his ability to lead the company and harness its executive leadership group. “Over the last several years, I have observed a rejuvenated CountPlus and Count Financial, and I feel privileged to join this strong...

  6. Boutique insolvency start-up expands to Canberra

    and would lean on the resources of the broader business to help service that market. Mr Cathro launched Cathro & Partners last year as a boutique insolvency and corporate restructuring firm focused on helping clients create and preserve business value...

  7. Small business ill-prepared for tech hurdles

    on small businesses too, with 40 per cent of respondents saying their business suffered from a tech skills shortage over the last two years, while nearly a quarter said they were relying on new government and policies to recruit. “Technology, upskilling...

  8. ATO zeroes in on work expenses, crypto investments

    seen a big shift in work-related expenses as one in three Aussies had claimed working-from-home expenses in their tax return last year. Mr Loh said the ATO was expecting taxpayers to make reasonable claims for both home office and travel expenses. “Some...

  9. Thousands of tax debt defaults ‘in the pipeline’

    been informed of several dozen defaults after the ATO revealed that it had sent out almost 300 intent-to-disclose notices last week. Mr Coghlan said all of the taxpayers involved were more than 90 days overdue, had no engagement with the ATO and while...

  10. Taxpayers get wise to ATO impersonators

    Phone, SMS and email have fallen markedly since last year. Fake calls and messages from people claiming to be the ATO have fallen 70 per cent compared with 12 months ago, according to the latest data. Just 1,058 cases of attempted scams were reported...

  11. ATO calls time on debt as business challenges mount

    time to pay’,” Mr Spring said. Director penalty notices are now being issued at the rate of 30-40 a day, the ATO admitted last week, and it had begun reporting debt of $100,000 or more to credit agencies. This followed a series of more than 80,000...

  12. ATO issuing 30-40 penalty notices a day – and rising

    taxpayers to credit agencies as it steps up debt collection post-COVID. The DPNs follow 52,319 warning letters dispatched last month to directors of companies with outstanding debts on PAYG, the superannuation guarantee charge and GST. The letters...

  13. Warning shot frightens directors into action on debt

    according to insolvency specialists across Australia, who said inquiries have risen sharply since the ATO letter went out last month. One large practice said inquiries from directors had doubled and almost all of them had received a letter from the Tax...

  14. SMEs struggle to finance growth, navigate headwinds

    – up from 42 per cent in 2021. Significantly, more SMEs were using acquisitions to add value to customers (45 per cent) than last year (33 per cent). “Funding will play a role in helping small businesses navigate these headwinds,” Mr Callaghan said....

  15. The key to going digital: Keep it simple

    and medium enterprises have no digitisation or only a very low level, according to MYOB’s Closing the Digital Gap paper last year. It found that increasing digital adoption among SMEs could lead to a 1.8 per cent increase in the sector’s contribution to...

  16. Supply chain problems, skills shortages stifle SME rebound

    33 per cent of SMEs [are] expecting a stronger Australian economy over the next three months, compared to only 20 per cent last month,” he said. “However, growth aspirations are being impacted as more than 58 per cent of SMEs report supply chain issues...

  17. QuickFee raising to fund US growth

    partnership into the future.” ASX-listed QuickFee shares started the year at $0.17 but have fallen more than 40 per cent and last traded at the placement price of $0.10. The company, which began in 2009, expanded into the US in 2016 and targets...

  18. AP Automation May Have Prevented A Loss Of $128M For Australian Businesses

    has stated that “Average losses so far in 2021 are more than five times higher compared to average losses in the same period last year”. It is evident that cybercriminals are continuously adapting and finding new ways to hijack details of hardworking...

  19. Why we all think passwords are easy as ‘ABC’

    However you will be slightly more secure than if you chose “123456”, which was used 308,483 times too often in Australia last year because every one of those led to a data breach. Despite increasing concerns over cyber security, “123456” is the most...

  20. How to navigate the ATO’s lodgment and payment options

    appropriate. The ATO has now moved into the third phase and is emerging from the more lenient approach taken during the last two years. It is not surprising therefore that we are seeing increasing late lodgment and debt collection activity. What...