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Tax Returns Are Ready

Posted on by Laze Spasevski
tax ready
Taxpayers' tax returns are ready to be lodged, as more than 80 million pieces of information are available in pre-fill.   The Australian Taxation Office said much of the information it collects from employers, banks, private health insurers, share registries, and other institutions have now been loaded into people's tax returns.   "While having this data ready to go cuts dow...
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FY22 Tax Returns | ATO Warning

Posted on by Laze Spasevski
Ato Form and pen
  The Australian Taxation Office warned small businesses that it will focus on three main areas when assessing the FY22 tax returns.   The first area the ATO plans to examine closely is overclaiming on expenses and claiming deductions for private expenses that are unrelated to business income.   The second area is the potential omission of certain income streams, such...
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