NEWS & INSIGHTS
ATO Releases Scam Data for 2021
The ATO has released data on scam reports, age cohorts, the channel used and top reported scams for 2021. Scam Reports 50,684 tax and super scams reported in 2021 The average dollar amount lost to a tax and super scam was $5600 Age In 2021, people aged 25 to 34 made...
Broker Award
Platform Finance WA took home the Vow/ YBR 2022 Commercial Broker Group Partner Award for WA at the Vow Financial and Yellow Brick Road Conference held in Tasmania. Peter Elkerbout and Jacob Lay of Shakespeare Leasing & Mortgage Solutions were wrapped to be a part...
Tax Time Targets
With tax season almost upon us the Australian Taxation Office (ATO) has revealed its four areas of focus this tax season.
1. Record-keeping
2. Work-related expenses
3. Rental property income and deductions, and
4. Capital gains from crypto assets, property, and shares.
Superannuation Contribution Changes
Several key super changes which may impact your ability to contribute to your SMSF, are set to take effect from 1 July 2022. These changes create opportunities for all SMSF members, young and old, to grow their retirement savings.
ATO Refocus on Debt Collection
The ATO has not pursued many business tax debts during the pandemic and allowed tax refunds to flow through even if the business had a tax debt.
Director ID
Legislation has been passed which will require all current and new directors of Australian companies to hold a unique Director Identification Number (Director ID). The Director IDs are intended to provide traceability of a director's relationships across companies, to...
get in touch
To get in touch with us today, simply use the contact form below and our team will get back to you as soon as possible.
