ATO increasing tax return checks

Q: I saw that the tax office is planning to review every tax return, not just a sample, looking for incorrect claims. What will it be targeting? A: The tax office says that each year it contacts about two million…

ATO access to taxpayer data expanding

Australian Taxation Office audits and reviews reveal that there are five mistakes that taxpayers commonly make when they are completing their tax returns. The ATO says its access to taxpayer data is growing every year and it expects to contact…

Big changes to tax returns this year

Completing a tax return is a chore at the best of times but this year there are a number of changes to the rules around deductions, depreciation, offsets and fringe benefits that will make the job a little more demanding.…