Harper News


ATO Compliance

Have you heard of Manage ABN Connections? If not, you soon will

Manage ABN Connections is a new way for business to access government online services using their myGov login. It can be used from mobile devices, but does not provide additional services to business ...

[Read more...]

Land owned before CGT, but can a recent house built on it be CGT-free?

Naturally, a taxpayer will assume that when they build a house, that building will not qualify for CGT exemption until it becomes that taxpayer’s “main residence”. There is however ...

[Read more...]

Penalty unit increase: 30 more reasons to make sure your tax outcome is right

A piece of legislation that recently made its way through Parliament means that come July 1, misdemeanors committed by errant taxpayers will become a lot more costly. Penalty units, which are current...

[Read more...]

The facts about bad debt deductions

A debt to a business that is unpaid and deemed to be a “bad” debt can be an allowable deduction as long as it was included as assessable income in the present or even a previous income yea...

[Read more...]

Getting deductions for clothing and laundry expenses right

The ATO allows certain taxpayers to claim a deduction for the cost of buying and cleaning occupation-specific clothing, items of protective wear and for certain unique, and usually distinctive, unifor...

[Read more...]

Gumtree or Facebook group sourced assets, and the realities of making a claim

A recent case before the Administrative Appeals Tribunal (AAT) brought into focus a growing phenomenon that you should keep in mind for work-related or business expense deduction claims, especially wh...

[Read more...]

Tax and the sharing economy

The concept of a “sharing economy” has been around for long enough now to have had a very real impact on how we transact.  Think Uber, think Airbnb. By now, most people will have rea...

[Read more...]

Data matching by ATO targets card payments, online sales, ride sourcing

Every year, the ATO collects new data from financial institutions and matches this data with its own information, which is sourced from income tax returns, activity statements and other tax records. D...

[Read more...]

The ATO’s “GST-light” offer for new small businesses

The ATO says that it has “listened to the concerns of small businesses, tax professionals, industry associations and software providers”, and is working towards reducing GST compliance cos...

[Read more...]

How to get an Australian business number (ABN)

It’s not mandatory for a business to have an Australian business number (ABN), but there are a few good reasons why you should. Foremost among them will be that without one, your business will p...

[Read more...]

ATO lets the cat out of the bag on what attracts its attention

There are certain behaviours, characteristics and tax issues that the ATO admits will attract its attention. But as it is more interested to see taxpayers get things right rather than the bother, and ...

[Read more...]

Shopping for a “luxury car”? Beware of the luxury car tax

You can judge whether a car is luxury or not, according to the government, if it costs more than $64,132 for 2016-17.    It's not an over-the-top s price tag if you're considering true luxu...

[Read more...]

An overview of the ATO’s auditing process

With information sharing occurring more than ever these days, not only between the Tax Office and other government departments but also banks, financial institutions, online auction sites such as eBay...

[Read more...]

When you have to deal with a natural disaster

Now that we are heading into bushfire season, it is perhaps timely to be reminded that as well as the more obvious immediate devastation inflicted on people’s property, destructive events such a...

[Read more...]

ATO’s SMSF compliance focus for 2016-17

The ATO has announced the approach it intends to take over 2016-17 with regard to SMSF compliance. It says trustees will see some key shifts in the ATO’s emphasis, both in terms of the activitie...

[Read more...]

Don’t let a tax debt put you in a spin

Whether you’re running a business or are just an individual trying to make ends meet, there is nothing worse than finding yourself in a situation where you have a tax debt owing to the ATO, whic...

[Read more...]

Sometimes, there’s no tax on certain types of income

It is possible to receive amounts that you do not need to tell the taxman about, and don’t have to include as income on your tax return. The ATO classifies these into two different categories (o...

[Read more...]

Deductibility of training course fees provided to employees

Running a successful small business sometimes requires an upskilled team. If you need your employees to grow their expertise in a particular area, spotting them for short-courses can be a worthwhile e...

[Read more...]

Centrelink to data match details with ATO records

The Department of Human Services, which overseas Centrelink, has issued a notice of a data matching project that will enable it to compare income data it has on-hand with tax return data that has alre...

[Read more...]

Correcting GST errors and making adjustments on your business activity statements

If you identify a goods and services tax (GST) error for a previous period or on an already lodged business activity statement (BAS), there is always scope to make a correction. The ATO has realise...

[Read more...]

Page 1 of 4First   Previous   [1]  2  3  4  Next   Last   
 
 
Contact Us

Please fill out the form below and we will get back to you as soon as possible.

* Required
 
 
Business Diagnostic Tool

Health 180 Business Diagnostic

Reveals the most effective way for you to improve your business, plus the key areas for you to start on right now ...

First time users: click the Registration button, otherwise click the Login button

Use Promo Code:  AID0744-02N

Registration

Login


 
 

Online Calculator

Click here to use our Online Calculator

 
Privacy Statement  |  3/506 Nepean Highway (PO Box 11040) Frankston Vic Australia 3199  |  Tel 03 9770 1547
Harper Group Pty Ltd ABN 19 067 923 611  |  © 2013 Harper Financial Group Pty Ltd  ABN 46 124 548 812