Jail Sentence for Fraudulent Developer

Jail Sentence for Fraudulent Developer

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Hello Chasers, Here’s another example of tax crime that doesn’t pay! A developer who conspired to lodge fraudulent business activity statements has been convicted and sentenced to 10 years in…

SMALL BUSINESS CONCESSIONS

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Hello Chasers, The ATO has recently issued a reminder that small business owners may be eligible for concessions on the amount of tax they ultimately pay.   This depends on their…

More Money for Super

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Hello Chasers, The big news story for those contributing to super is that the contribution caps are set to increase from the 1st July 2024. The concessional contribution cap will…

Random Audits on the Rise!

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Hello Chasers, Would your business pass an audit under the ATO’s microscope? Tax time isn’t just stressful for individuals anymore!  Businesses, beware!  The Australian Taxation Office (ATO) is ramping up…

FBT Time Is Fast Approaching!

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Hello Chasers, The ATO has advised employers that ‘FBT time’ is just around the corner, and they need to stay on top of their fringe benefits tax (FBT) obligations. Employers…

Tax Deductions Denied

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Hello Chasers, Imagine you’re trying to impress the tax man during an audit with your work expense reports. You tell them you used the office car for meetings, bought fancy…

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