2020/21 Changes: Employment & Tax

The new financial year often brings with it vital changes. This year in particular, (2020/2021) brings with it new minimum wages, national unfair dismissal regulations and tax thresholds/rates, as will be explored in this article. The annual wage review of the Fair...

ATO Restarting the GST Audit Program

The ATO has provided us with the following update on GST audits relevant to the Public Groups & International (PGI) market: The PGI teams are starting their GST Top 1000 audit program in August and the ATO has decided to start its programs progressively over time....

Cents Per Kilometre Method

Only use this method if you are a sole trader or partnership (where at least one partner is an individual) claiming for a car. On this page: This method Rates How you use this method This method The cents per kilometre method: uses a set rate for each kilometre...

ATO to Provide Extra Tax Time Support

The Australian Taxation Office (ATO) recognises that the community has experienced significant challenges this year. The ATO’s support and guidance should make tax time easier, particularly where new circumstances mean that people are receiving a different type of...