Those who participate in ride-sourcing (i.e., Uber, GoCatch) as a driver can access a number of tax deductions come tax time.
You may be a..
The ATO is reminding those who work in the sharing economy to be aware of their tax obligations.
The sharing economy connects buyers (user..
From 1 July 2018, employers with 20 or more employees will report payments to the Australian Taxation Office at the same time as they pay ..
The small business income tax offset can help reduce the tax small businesses pay on business income by up to $1,000.
This offset is avail..
Personal services income (PSI) is income mainly produced from your personal skills or efforts. There are special tax rules that apply if y..
The Australian Taxation Office distributes penalties to ensure individuals are not making misleading or false statements regarding income,..
On 1 August 2017, fuel tax credit rates increased. Some of these rates also changed on 1 July 2017, due to a change in the road user charg..
Activity statements generally issue from the ATO by the end of the month but in some circumstances they can be generated early.
Small businesses with a turnover of less than $10 million from 1 July 2016 can write-off assets costing less than $20,000 each up until 30..
The ATO is cracking down on individuals who are over-claiming work-related expenses.
The Tax Office is reminding individuals that they can..