Applying GST to low value imported goods
From 1 July 2018, businesses that sell goods into Australia and meet the goods and services (GST) registration threshold of A$75,000 will...
Proposed Superannuation Guarantee Amnesty
On 24 May 2018, Minister for Revenue and Financial Services announcedExternal Link the commencement of a 12 month Superannuation...
GST withholding for certain taxable supplies of property from 1 July 2018
There have been law changes to improve the integrity of GST on certain property transactions starting on 1 July 2018. The property...
GST on low value imported goods
From 1 July 2018, Australian goods and services tax (GST) will apply to sales of low value goods imported by consumers into Australia....
New small business benchmarks are now available
New small business benchmarks are now available on the ATO app or online: https://www.ato.gov.au/Business/Small-business-benchmarks/In-de...
Improving the integrity of GST on property transactions
The Government has released exposure draft legislation for public consultation on improving the integrity of GST on property...
ATO statement regarding the ‘Paradise Papers’
The International Consortium of Investigative Journalists (ICIJ) is today reporting about information they have in relation to offshore...
GST on imported services and digital products for Australian businesses
Australian goods and services tax (GST) generally applies to sales of imported services and digital products to Australian consumers....
Commissioner’s speech to COSBOA Small Business Summit
In a speech to COSBOA last week, the Commissioner said the ATO will be very publicly targeting: Lack of, or inconsistent, record keeping...
Foreign resident capital gains withholding payments - impacts on foreign and Australian residents
On 9 May 2017, the Government announced changes to the foreign resident capital gains withholding (FRCGW) rate and threshold. The changes...
