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Low and Middle Income Tax Offset

Low and Middle Income Tax Offset

Before the last election, the Federal government promised a series of tax cuts and economic stimulus measures. One of these was an offset to benefit Low to Middle-Income earners. This new offset called the "Low and Middle Income Tax Offset" is now law. Eligible...

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5 days ago

Today in Canberra, The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell and Minister for Employment, Skills, Small and Family Business, Senator the Hon Michaelia Cash ... See more

1 week ago
Overdue BAS, tax returns send ATO knocking

During the visits, ATO inspectors will be discussing a range of matters with businesses, including their recordkeeping and payment facilities, any outstanding tax liabilities, advice on fixing any ... See more

A higher than average rate of late BAS and tax returns are causing the Tax Office to visit businesses on the NSW South Coast, in addition to tip-offs about possible black economy activity.

1 week ago
$2.1m lost as scammers target tax deadlines

The ATO has urged all taxpayers to be alert to rude or aggressive behaviour; threats of immediate arrest, deportation or jail; links demanding log-in to a government service or requests for payment ... See more

Australian taxpayers have lost over $2 million to tax scams so far this year, prompting a warning from the ATO about falling victim as payment deadlines loom for tax bills.

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