ATO impersonation scams – what to look out for. As scammers become more sophisticated, the ATO is warning businesses to stay vigilant about ATO impersonation scams. The ATO recommends checking contact details…
Clamp down on foreign property purchasers The Government will be implementing a temporary ban on foreign investors from buying established homes from 1 April 2025 to 31 March 2027. The measure aims to…
NFP self-review return done? March 31 Deadline approaches. The ATO is reminding not-for-profits (NFPs) of the imminent 31 March 2025 deadline for non-charitable NFPs that need to self-assess as income tax…
Tax Issues in Property flipping, Subdivision, and Property development projects. The ATO has updated its document ‘Examples of tax consequences of sales of land including small-scale land subdivision’ to include additional examples. …