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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
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
2hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
3hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
4hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
4hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
4hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
5hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
6hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
6hr
By
Jackson Richman
and
Nathan Worcester
US Signs Nuclear Cooperation Deal With Saudi Arabia
6hr
By
Emel Akan
Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
7hr
By
Jack Phillips