Currently, any taxable entity can claim GICs and SICs as a tax deduction on their tax return. However, a federal government economics committee recently examined proposed legislation to change that.
Social media is helping the Australian Taxation Office catch tax cheats through community whistleblowers.
Employers will have to lodge super contribution into employees’ funds within seven days of their regular payday from July 1, 2026, or face additional charges and penalties.
The Tax Commissioner has revealed plans for new digital measures designed to boost the agency’s tax collection revenue from small businesses.
The Australian government is proposing new regulations that would make guardrails mandatory for AI applications considered to be “high-risk”.
ATO data-matching to include “lifestyle asset” insurers and property management software providers.
A former tax agent and his client are facing substantial jail sentences after a court found that the pair engaged in refund fraud and tax avoidance.
The 3G mobile network shutdown will impact a broad range of devices used in rural Australia, ranging from medical and farming equipment to emergency communications and surveying gear.
The Federal Government has released a consultation paper on its plan to tighten eligibility requirements for registered tax agents.
If you’ve opened a business account with PayPal Australia in the last few years, it might be worth checking your statements to see if you’re entitled to a refund.
