Big stamp duty and tax changes for Victoria investors and businesses.

  There are three main areas of significant change: Transition…

How Do I Respond to an Allegation of Trade Mark Infringement?

Imagine you think up a fantastic name for your business and are ready to start operating. You have set up your website and begin advertising online using the business name and logo you have designed.

Most powerful LEADERS of All Time

Check out the most powerful LEADERS of All Time

Cyber threats facing small to medium-sized businesses (SMBs)

SMBs can be particularly vulnerable to cyber security risks, with limited resources, expertise, and infrastructure all contributing factors as well as lack of awareness and training.

ATO linking system takes giant stride into business

The revised procedure will encompass an additional 1.7 million entities from 13 November.

 

TOP 5 CHALLENGES FOR FAMILY BUSINESSES

Improving cash flow is the no. 1 challenge for most family businesses, according to a new survey. 

ATO interest charges soar to highest level since GFC

The general and shortfall rates for late tax payments rise for the eighth quarter in a row.

 

Super tax concession changes: consultation

As flagged earlier in the year when the announcement was made, the Federal Government recently released a consultation paper on its proposal to reduce super tax concessions for individuals with super balances over $3 million, including those with self-managed super funds (SMSFs). 

Property investors beware: new data matching program

 

Individual property investors should be aware that the Australian Taxation Office (ATO) has announced a new data matching program that will obtain data from various financial institutions for the 2021–2022 to 2025–2026 income years

 

When will we learn to protect ourselves from ourselves?

 

For years now, Australians have been hacked, scammed, contaminated by viruses, and spammed. 

 

Average ATO refund tumbles $430 compared to last July

 

Fewer taxpayers have raced to file an early return and the total paid out in refunds is already down by $1.7 billion.

 

Penalty amnesty tempts 7,000 small businesses back into tax system

 

UPDATED: This budget measure waives fines for late lodgment of income, BAS and FBT returns due during the pandemic.