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Finance

How the ATO checks on you

The ATO estimates that it is missing out on $906 per person – and it is on a mission to lower that mark.

Finance News

Woman fails to lodge 91 tax returns

A 65-year-old Geraldton woman has been ordered to lodge her outstanding 91 tax returns and sentenced to a 12-month suspended sentence in prison.

News

Taxman has last say on super ‘dip’

Oversight of the early release of superannuation on compassionate grounds will be transferred from the Department of Human Services to the taxman from 1 July.

News

ATO wants to give away billions

It’s that time of the year again – when the Australian Tax Office (ATO) almost turns Father Christmas.

News

$18 billion superannuation bonanza

One in four Australians have claims to more than $18 billion in superannuation currently being held by Super funds and the ATO.

News

Super tax carve-up explained

If you get the feeling that the taxman is double dipping into your superannuation savings, you are not wrong. The Australian Taxation Office is expected to collect $7.7 billion from your nest egg this year.

Federal Government

YLC takes your views to Canberra

Recently, we asked your thoughts on tax returns and your interactions with the Australian Taxation Office. On Tuesday, Kaye and Drew presented the results to Parliament.

News

Five weird tax deductions

For those who agonise over whether or not the printer ink you use to print your tax return is indeed a legitimate deduction, don’t fret – the tax man really does have bigger fish to fry! Here are five weird tax deductions that are perfectly legitimate.

News

Are you in the ATO’s sights?

If you're earning extra income through sharing economy platforms such as Uber and Airbnb, or own rental property, you’ll be in the ATO’s crosshairs come tax time.

Finance News

Don’t fall foul of tax scam

If you receive a call from the Australian Tax Office (ATO) demanding money, firstly, it’s important not to panic and secondly, don’t pay the caller a cent.

News

Beware of tax scam emails and SMS

With the end of the financial year just around the corner, it’s time to be prepared for the influx of scam ATO emails, phone calls and text messages. So to keep your inbox and your money safe, here’s a rundown of scams that often do the rounds.

News

Is your data safe with the ATO?

Yesterday a Senate estimates hearing in Canberra heard from senior tax office officials that up to 30 ATO staff had accessed taxpayers’ private data without authority.

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