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ATO flags 3 key focus areas for this tax time
Posted by Team AVS on 3 Jun, 2024 0 CommentsThe ATO announces its priorities for Tax Time 2024.
As ‘tax time’ approaches, the Australian Taxation Office (ATO) has announced it will be taking a close look at 3 common errors being made by taxpayers:
Incorrectly claiming work-related expenses
Inflating claims for rental properties
Failing to include all income when lodging
ATO Assistant Commissioner Rob Thomson said the ATO is focused on supporting taxpayers to get their lod
If you're an employer, it’s time to review your end of financial year (EOFY) employer tax and super obligations.
As an employer, it’s important you keep on top of your payroll governance. This includes:
using your tax and super software to record the amounts you pay
withholding the right amount of tax
calculating super guarantee (SG) correctly.
As 30 June gets closer, check your employer reporting obligations, along with any u
As an employer, it’s important you keep on top of your payroll governance. This includes:
using your tax and super software to record the amounts you pay
withholding the right amount of tax
calculating super guarantee (SG) correctly.
As 30 June gets closer, check your employer reporting obligations, along with any u