The ATO warns taxpayers to always watch out for scammers. Each year, the ATO receives a growing number of reports from the public of new phishing scams – it detected over

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Cash is No Longer King

Historically, many Australian businesses have favoured the cash model and, regrettably, also favoured non-disclosure of “cash-in-hand” earnings and outgoing payments. Cash is untraceable, an attribute that has seen it play the

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Single Touch Payroll – 1 April 2018 Action

Single touch payroll will be a compulsory reporting requirement for employers.

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Property investors on notice after ATO spots false claims

As usual some ridiculous claims ruin it for genuine investors.

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ATO issues update on cryptocurrency compliance traps

The ATO has provided further details on some of the regulatory considerations with cryptocurrency for SMSFs, including valuations, in specie contributions and ownership of assets.

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Australia’s vital statistics

A quick read of this will make you the BBQ or dinner party expert.

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Accountants spy elder abuse spike as mortgage stress sets in

Housing affordability is tempting some adult children into elder abuse territory, as they look to their parents' retirement savings to alleviate their mortgage stress.

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Get Ready for ATO E-Audits

In this fast-paced world of everchanging technology, the ATO is finally catching up with the times by using computer assisted verification techniques to conduct audits, a process they are calling

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Bitcoin – Part 2

Part 1 of our series on bitcoin looked at the tax consequences for those who invest in bitcoin on a personal level. Here, in Part 2, we examine the tax consequences

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Super Clearing House Changes

Although the SBSCH itself hasn’t changed, the service has been migrated to the ATO’s Business Portal. This means your old login details will no longer work and you need to arrange

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