ATO budget boost puts shadow economy on notice

ATO budget boost puts shadow economy on notice

Included in that is an increase of around $200 million per year for four years to the Tax Avoidance Taskforce that has also been extended by a further 12 months to July 2025. The aim of the increased funding is to allow the taskforce to “support the ATO to pursue new...
1 week left to lodge tax returns

1 week left to lodge tax returns

But the Australian Taxation Office warned that all returns must be in by 31 October. Assistant Commissioner Tim Loh said it’s important to lodge a tax return on time, even if you think you’ll be getting a bill and won’t be able to pay the balance straight away. “I’d...