Blog
Spike in email scams
The ATO is warning taxpayers to protect their personal and financial details following a sharp spike in reports of tax-related email scams. Since June, reports from the public of ‘phishing’ scams have quadrupled from 3,586 to 15,441 compared with the same period last year. “While the public is reporting scam emails to the ATO in...
What can we learn from other businesses mistakes
What can we learn from the mishaps and mistakes made by other businesses? The simple answer is a lot. We can take what they did wrong and make sure we don’t make the same mistakes. Now while this statement might sound simple, business often over look the mistakes that have previously been made by someone...
Tax not always fair? What a surprise!
Tax not always fair? What a surprise! The following three cases are good examples of why you should always get tax advice up-front before entering into financial transactions. Case 1 is the sad tale of a taxpayer who sold a property, didn’t receive the full proceeds of the sale but still had to pay the...
What the Coalition Government means for small business
A welcomed change was initiated on Saturday by the Australian people. A government with stability and a united party was elected to run the Country for the next 3 years. This morning the markets have responded very positive. The Stock market had strong gains and the AUD$ has risen to above 91cents along with this...
What’s new this year?
What’s new this year? This year the ATO is writing to around 218,000 people employed in the following occupations: * building construction project managers and supervisors; * building construction labourers; and * sales and marketing managers. Travel to work claims Many building construction labourers drive a vehicle to work each day. If they can prove...
