Latest News
Find Us
kerry's blog
Newsletter March 2011
Mon, 04/04/2011 - 15:55 | 
kerry
IN THIS ISSUE
• The floods, the floods….
• Claiming deductions for donations to flood relief
• Paid parental leave scheme
• Tax Office data matching program – building industries
• Super Funds: ATO targets loans and in-house assets
• ATO helps full-time students claim study deductions
• Changes to Trust laws
• Changes for farmers with trusts
THE FLOODS, THE FLOODS….
Deadline for Lodging Tax Returns
Fri, 25/02/2011 - 11:55 | kerry
Last day for lodging 2011 tax returns is the 15th May 2012.
Please do not leave it to the last minute as we need time to prepare it for you.
Deadline for newly Registered SMSF's
Fri, 25/02/2011 - 11:41 | kerry
Annual 2010 SMSF's tax returns must be lodged to the ATO by 28th February 2011. Please consider to allow enough time for us to prepare the tax return and organise the audit of the fund.
Newsletter October 2010
Thu, 18/11/2010 - 13:37 | kerry
ATO Crackdown On Cash Economy
As part of the ATO's approach to managing tax risks, this financial year they will send around 110,000 letters to taxpayers who may be participating in the cash economy. The majority of letters will be sent to businesses reporting outside the 'small business benchmarks' for their industry. The letters inform taxpayers that they have been identified as a result of one of the ATO's cash economy indicators, and will encourage them to review their records to ensure they have correctly reported all income, especially cash transactions.