ATO signals crackdown on 4 ineligible work-from-home claims

 

As tax time looms, the ATO has pointed to four key ineligible work-from-home claims it will be watching closely as taxpayers look to make the most of flexible working arrangements.

 

Federal Budget 2021 – Health

 

While there are many aspects of our life covered in this year's Budget the following focuses on the issues related to Health.

 

Building a more secure and resilient Australia

 

In this Budget, the Government is taking decisive action to build our economic resilience to deal with future shocks.

 

Federal Budget 2021 – Overview

 

The following links to the ABC where a brief overview of the Winners and Losers from this year's Federal Budget.

 

ATO Small Business Newsroom – April

 

Help to keep up with the ATO.

 

A broad range of Calculators – Resources

 

These calculators, along with videos that explain accounting ideas, latest news articles, an easy to use file transfer system, and a portfolio management portal make our website a great place to keep up-to-date and obtain help on many of your financial questions. *

 

ATO data-matching: JobMaker

 

Data collected will be used to identify compliance issues in relation to JobMaker.

 

JobMaker Hiring Credit rules and reporting

 

In the next few months, businesses that are seeking to employ additional workers but still need a bit of help can now apply for the JobMaker Hiring Credit Scheme. 

 

‘Penalties will resume’: ATO flips the switch on debt recovery

 

Taxpayers falling behind on tax debts and lodgement obligations can soon expect contact from the ATO as it confirms the resumption of its compliance activities in the wake of JobKeeper ending.

 

ATO chases $172bn in undeclared contractor income

 

The ATO has warned businesses to come clean on $172 billion worth of payments to contractors as it cracks down on non-compliance with the taxable payments reporting system.

 

Small businesses: don’t forget your FBT concessions

 

If you own a small business still recovering from the COVID-19 induced downturn, remember that you can take advantage of FBT concessions to lower the amount of FBT you may need to pay. 

 

5 strategies for successful ‘work from home’ policies

As Australian businesses implement work from home arrangements as part of their business contingency plans, managers need to consider how to accommodate telecommuting arrangements without sacrificing productivity and team dynamics, says one recruitment firm.