by Shared from accountantsdaily.com.au | Jun 19, 2022 | News
The process will enable a taxpayer to authorise a specified tax agent to link their account and act on their behalf electronically. Taxpayers will need to complete a nomination of their chosen tax agent, once completed the tax agent will then have four days to add the...
by Keeli Cambourne | Jun 16, 2022 | Blog
The ATO advises that debts on hold are not visible on an account balance but remain payable and new credits and refunds are offset against it. When a debt is placed on hold, the ATO does not try and collect the debt. A debt deemed uneconomical for collection will be...
by Staff reporter | Jun 16, 2022 | News
This ATO compliance approach applies from 1 July 2022. PCG 2021/4 outlines the ATO compliance approach to the allocation of profits or income from professional firms, in the assessable income of the individual professional practitioner (IPP). It aims to address...
by Keeli Cambourne | Jun 16, 2022 | News
A survey by Xero and Lonergan Research also found that small-business owners believe their business has led to hair loss, lack of sex, and faster ageing. The report surveyed more than 500 Australian small-business leaders, including those who own or manage their...
by Keeli Cambourne | Jun 16, 2022 | News
But while there was a rise in the participation rate, there was a steep drop again in the number of hours worked, which was significantly lower than at the same time last year. According to the latest Australian Bureau of Statistics figures the number of people...
