ATO targets for 2024
Your Money

ATO targets for your tax return this year

- May 17, 2024 2 MIN READ

Every year, ahead of tax time, the ATO releases its target areas – what it’s going to pay extra attention to. It is always a timely warning. This year they will be taking a close look at three common errors being made by taxpayers: Incorrectly claiming work-related expenses Inflating claims for rental properties Failing to… Read more »

Tax rules for work-from-home are changing 2023

The new work-from-home tax rules explained

- February 24, 2023 2 MIN READ

The ATO has adjusted how you can claim your work-from-home tax costs. While most of the COVID health restrictions have now been lifted, a lot of businesses are still operating a hybrid work place where staff have the flexibility to work from home on a regular basis. As a result, the Australian Tax Office has… Read more »

Who's a tax dobber

Who’s a tax dobber?

- July 29, 2022 2 MIN READ

Turning tax dobber on your ex seems to be the ultimate revenge in a relationship breakdown. But its not just ex-partners who dob… Years ago I was chatting with a former tax commissioner about tax cheats and he was saying I would be amazed how many people get dobbed in by an ex-partner (relationship and… Read more »

ATO property investment crackdown

ATO crackdown on property investors

- July 1, 2022 2 MIN READ

Around 8 per cent of Australians own an investment property and this year the ATO will be paying close attention to rental income, deductions, and capital gains. So a couple of housekeeping tasks as we close the financial year. These will make sure you get things right and don’t attract the taxman’s ire. 1. Keep good… Read more »

Think you have to be old or naïve to be a scam target? Think again.
Your Money

Don’t think you’re not a scam target

- June 24, 2022 2 MIN READ

Think you have to be old or naïve to be a scam target? Think again. In the last 12 months, the Australian Taxation Office (ATO) has taken action against 595 websites impersonating their online services. These fake sites are designed to steal passwords, personal information and identity documents, such as passports and driver licences. Assistant… Read more »

What's on the ATO hit list this financial year

What’s on this year’s ATO hit list?

- May 20, 2022 2 MIN READ

You know it’s tax time when the Australian Tax Office releases its annual ATO hit list of the areas they are targeting for special attention. This year the ATO hit list is focused on: record-keeping; work-related expenses;  rental property income and deductions; and capital gains from crypto assets, property, and shares. “The ATO is targeting… Read more »

Maximise your tax return 2021 Australia
Your Money

Tips and tricks to maximise your tax return

- June 7, 2021 8 MIN READ

Millions of Australians are missing out on legitimate tax deductions every year. To maximise your tax return you need to research exactly what you can and can’t claim for your specific income streams. Getting savvy about what you can claim on your tax return means you’ll receive back the full amount you’re entitled to. It’s… Read more »

Your Money

Australian retirees are missing out on $21 billion in lost and unclaimed super

- November 15, 2019 2 MIN READ

Lots of people worried about how they’ll pay for their retirement may not realise they already have a substantial nest egg they’ve simply misplaced. New Australian Taxation Office (ATO) data reveals more than $20.8 billion worth of superannuation sits in lost or unclaimed accounts. The ATO is keen to reunite people with their money and has… Read more »