Archive for the Taxation Category

Many have received unexpected calls from a person stating that he is from the Australian Tax Office (ATO) or Commonwealth Director of Public Prosecutions (CDPP). The caller says you owe the ATO money and that there is a warrant for your immediate arrest for non-payment. (more…)

Do you have clients who receive income from foreign sources or have a bank account in another country? This tax time is a good time to remind them that Australian residents for tax purposes must declare any income they earn anywhere in the world. (more…)

With news that the federal government is planning to abolish negative gearing, it is important that people understands fully what this process is all about. (more…)

June 2014 — The Australian Tax Office is warning Australians to be on the lookout for a malicious scam that intimidates taxpayers into paying a fake tax debt over the phone. (more…)

? Parents receiving government assistance towards the cost of raising

their kids have won a small reprieve before budget pain begins for some

from next year. (more…)