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The Latest Breaking News from ATO

Australians took more than $1.4bn from their super last year for everything from weight loss to dental work

Watchdog warns some business and practitioners are taking advantage of the compassionate release of superannuation process

The Guardian - AU

Super payout warning over cosmetic medical treatments

Business models promoting early super draw-downs for expensive or unnecessary medical treatments need to be stamped out, the tax office says.

AAP

Accountants, ombudsman lash tax office service

The ATO has declined a Tax Ombudsman suggestion to re-route calls from accountants to experienced staff as pressures mount between tax agents and the agency.

AAP

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The ATO Is Rolling Out The 20% HECS-HELP Debt Cuts: Here’s What You Need To Know

The HECS hex has lifted! Well, kinda.

Pedestrian.tv

If we want a better, more equal society, we need more tax. But more tax only works if big business pays their fair share

Trust in both the tax and political system will falter if people feel they are being punished for not paying tax while large companies legally get away with paying nothing

The Guardian - AU

Liberal frontbencher backs Hastie on immigration – as it happened

This blog is now closed

The Guardian - AU

Optus among companies earning billions in Australia but paying no income tax

Latest ATO report reveals string of mostly multinational firms continue to be able to pay no or very little income tax, including Netflix, Apple and Microsoft

The Guardian - AU

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Morning Mail: Nauru asylum seekers ‘going hungry’, ATO hunt for old debts, UK synagogue attack

Refugees and asylum seekers say they can’t afford to eat and plead for help

The Guardian - AU

‘Psychologically unsettling’: ATO pursuing more taxpayers for decades-old debt

Tax office has launched a new initiative to claw back debts despite criticism of similar scheme dubbed ‘robotax’

The Guardian - AU

Telco skips company tax as large businesses step up

The big businesses paying the most and the least tax have been revealed, as a record low number of large companies are found to be avoiding tax.

AAP

Accountant Reveals What Aussie Influencers Can Claim On Tax, From Botox To Lingerie

I’d raise my eyebrows in shock, but I just got my forehead done.

Pedestrian.tv

Atmos Energy Stock: Is ATO Outperforming the Utilities Sector?

Atmos Energy has delivered stronger returns than the broader utilities sector over the past year, and analysts remain guardedly optimistic about its outlook.

Barchart

Health ministers agree to new fertility sector accreditation regime – as it happened

This blog is now closed

The Guardian - AU

Reforms urged after tax office whistleblower's ordeal

Calls to protect whistleblowers are growing after a judge declined to impose convictions or penalties against a former tax office debt collector.

AAP

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Barchart

Atmos Energy Stock: Is Wall Street Bullish or Bearish?

Atmos Energy has outpaced the broader market over the past year, with analysts expressing a cautiously optimistic outlook on the stock’s future performance.

inkl

Accounting Principles Australia: What Your Outsourced Accountant Must Know

Accounting Principles in Australia for Outsourced Accountants

AAP

Mercy plea for 'courageous' tax office whistleblower

A tax office whistleblower has asked a judge not to impose convictions for crimes that his lawyer said were "grounded in moral courage".

Barchart

Earnings Preview: What to Expect From Atmos Energy’s Report

Atmos Energy is scheduled to report its third-quarter results next month, and analysts are projecting a modest double-digit increase in earnings.

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news in one place.

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AAP

Taxman told to tone it down and cut jargon from letters

Language used in letters from the tax office can cause needless anxiety and confuse readers with excessive jargon, an ombudsman's review has found.

The Guardian - AU

Australian production companies may have to pay millions in alleged unpaid super after ATO ruling

Film and TV screenwriters prepare challenge after 2024 ruling they work for an employer rather than sell a product and so are due superannuation

Pedestrian.tv

Australia’s Top 10 Highest-Paying Jobs Have Dropped & I’m Currently Rethinking My Career

The Australian Taxation Office (ATO) has released the data from its 2022-2023 financial breakdown, revealing Australia's highest-paying jobs.

AAP

Roar boss hails 'turning point' as club settles dispute

An outstanding seven-figure debt settled, Brisbane Roar boss Kaz Patafta is now eyeing on-field gains at the embattled A-League club.

The Guardian - AU

ATO commissioner sent AI meme mocking Collingwood AFL supporters to all 20,000 staff

Rob Heferen, himself a supporter of the club, included image in weekly email of ‘Collingwood Fan’ action figure who is overweight and missing teeth

The Guardian - AU

Capital gains for the rich and persistent gender pay gaps: what we can learn from the ATO’s annual tax statistics

Data shows negative gearing remains the favourite of high-income earners, while most Australians’ super balances fall short of what is needed for a ‘comfortable retirement’

AAP

Australians warned to not jump the gun on tax return

The national tax office has warned Australians to be patient in lodging their tax returns as the financial year comes to an end.

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