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The ATO is concerned about the number and frequency of email and mobile phone scams that are occurring. These scams claim to come from the ATO and usually offer a tax refund.  Generally, they link to a bogus ATO website…

Editor:  Last month we reported that the ATO had announced its “Project DO IT” – an amnesty for taxpayers with offshore assets or income to voluntarily come clean by 19 December 2014. Greg Williams, Deputy Commissioner, Serious Non-Compliance, says that: …

In recent years, there has been an increasing tendency for homeowners to use the existing home as a rental property, especially where a new home has been purchased. In these situations, it is common for taxpayers to undertake repairs and…

In a recent and possibly disturbing case for many taxpayers, the ATO has been able to gain access to family court documents in relation to a taxpayer who was already under investigation. Facts A husband and wife were parties to…

In the May Budget, the government stated it will introduce legislation to ensure that inadvertent breaches of the non-concessional contributions cap, that are reversed, will not incur a penalty. For any excess contributions made after 1 July 2013 that breach the non-concessional…

An important change is coming into effect that may impact the way Employer Super Contributions are paid into your self-managed super fund (SMSF). The new regulations, which are part of the Australian Government’s SuperStream reforms, are coming into effect aimed…