ATO

New Changes For GST On Residential Property – How It Could Affect You?

A New Regime On 9 May 2017 the Government reported that it will fortify consistence with the GST law by requiring buyers of recently built private properties or new subdivisions to transmit the GST straightforwardly to the ATO as a feature of settlement. Under the present law (where the GST is incorporated into the price …

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International Student Tax Guide- Working on Tax Vs Cash Payments

Tax vs Cash Payment (Working in Australia)- International Student Guide

Requirements to work in Australia To work in Australia you require a visa that enables you to work here. You ought to likewise have a tax file number (TFN). Department of Immigration and Border Protection issues the Visas. You can check if your visa enables you to work by utilizing the office’s free Visa Entitlement …

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Tax Deduction report by mmcpa

Alert Tax Payers – ATO’s audit on work-related Deductions

The Tax Office has begun undertaking arbitrary reviews of taxpayers to show signs of improvement thought of how much cash might be owed by individuals over-guaranteeing on work costs. On Wednesday Tax Commissioner Chris Jordan affirmed that Australian Taxation Office staff had been requested that by senior administration attempt irregular reviews in connection to apparent …

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corporate Tax

ATO’s action on Corporate Tax

Late media scope has concentrated on corporate tax straightforwardness information discharged by the ATO last December. The latest informational index was for the 2015-16 salary year, and incorporates tax data for in excess of 2,000 expansive organizations working in Australia. Even with generally scattered discourse on Australia’s corporate tax framework, and the apparent shortfall or …

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