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ATO and Australian Federal Police crackdown on GST-fraud promoters.
A raft of enforcement activity has been undertaken across the country by the ATO-led Serious Financial Crime Taskforce, including the execution of search warrants and issuing of warning letters.
ATO updates ‘cents per kilometre’ rate for individuals.
The ATO has updated the cents per kilometre rate relating to individual car expenses for the 2023 income year to 78 cents per business kilometre.
ATO priorities this tax time.
The ATO has announced four key areas that it will be focusing on for Tax Time 2022…