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Australian Tax Office
Business Failure Rates Soar to COVID Levels, Food and Beverage Worst Hit
Business failures have hit a post-pandemic peak, matching the rate measured in October 2020, with food and beverage the worst affected.
November 25, 2024
BY
Rex Widerstrom
Study Reveals Post-GST Income Tax Surge: Aussie Workers to Pay $500 Billion Extra
Governments can choose not to act on bracket creep because it brings them extra revenue without having to ...
November 18, 2024
BY
Rex Widerstrom
Australian Tax Office Reels in $100 Billion in Corporate Taxes
Meanwhile, more than 1,200 entities, or roughly 31 percent of the corporate tax population, paid no tax.
October 31, 2024
BY
Naziya Alvi Rahman
Magistrate Grants Bail to Accused Head of Illegal $30 Million Tobacco Empire
Nazir Haddara was released on a $150,000 surety after raids which seized more than 600,000 illegal tobacco and ...
October 24, 2024
BY
Rex Widerstrom
Australian Tax Office Received 250,000 Tip-Offs Since 2019
Building and construction, cafes and restaurants, and hairdressing and beauty services topped the list of industries the ATO ...
October 13, 2024
BY
Rex Widerstrom
One in 11 Hospitality Businesses at Risk of Failure: CreditorWatch
The outlook for business continues to worsen, with CreditorWatch forecasting 1 in 11 in hospitality will fail in ...
July 16, 2024
BY
Rex Widerstrom
‘Insolvency Tsunami’ of Small Businesses Could Be Coming as ATO Aggressively Chases Debt
Calls to the Small Business Helpline surged 82 percent compared with last year, as the ATO takes an ...
April 4, 2024
BY
Rex Widerstrom
150 ATO Staff Caught in $2 Billion Social Media Fraud
Some staff have been sacked and others face criminal investigation after a GST refund scheme was exposed as ...
February 13, 2024
BY
Rex Widerstrom
Australian Taxpayers Can Claim COVID Tests as Deductible: Tax Office
The Australian Tax Office (ATO) has confirmed that Australian taxpayers could claim a reduction for COVID-19 test expenses ...
June 5, 2022
BY
Alfred Bui
Crypto Owners Need to Report Capital Gains in 2022, Australian Tax Office Warns
Australian cryptocurrency (or crypto) owners will need to pay due diligence when they lodge their tax returns this ...
May 16, 2022
BY
Alfred Bui
JobKeeper Scheme Delivered Effectively Despite Shortcomings: ANAO Report
An independent audit of Jobkeeper by the Australian National Audit Office (ANAO) has found the federal government largely ...
April 6, 2022
BY
Alfred Bui
Victoria Workers Get Deprived of Over A Billion Dollars in Super
Victorian employers are underpaying their workers an estimated $1.2 billion (US$861 million) each year in superannuation, an analysis ...
February 17, 2022
BY
Alfred Bui
Australian Tax Office to Investigate Pandora Papers
The Australian Tax Office will investigate data from the Pandora Papers, which contain around 12 million leaked documents ...
October 4, 2021
BY
Daniel Y. Teng
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
3hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
3hr
By
Jacki Thrapp
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
5hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
5hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
7hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
7hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
8hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
12hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
13hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
19hr
By
Melanie Sun