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News and Updates – April 2018

Individuals

Employers not paying super? Talk to us

If a super fund has reason to believe an employer is not meeting their superannuation guarantee (SG) obligations they can report this to the ATO after first contacting the employer.

Businesses

Simplified fuel tax credits

Even though rates changed during the March quarterly BAS period, if you claim less than $10,000 in fuel tax credits each year you can calculate your claim using the increased rates that apply at the end of the period.

Making compliance happen

The ATO has strategies in place to ensure overseas businesses comply with their goods and services tax (GST) obligations for sales of low value goods sold to consumers in Australia. This page outlines the ATO’s expectations for you, and what you can expect from the ATO.

Sole traders: lodge online and save time!

Discover the benefits of lodging your activity statement online.

Employers of working holiday makers

What you need to do as an employer of working holiday makers.

Engage with us early to get the right advice

You or your tax adviser can access our early engagement service to gain clarity on any of your complex transactions and address any issues as early as possible.

Expanding your business overseas

Find out about your tax obligations when expanding your business overseas.

 

Tax Professionals:

Tax agents

A number of online services are available to tax agents, including the Tax Agent Portal, the practitioner lodgment service (PLS), the electronic lodgment service (ELS) and the Australian Business Register (ABR).

Time to check employee numbers for STP

If your employer clients had 20 or more employees on 1 April, now is the time to check if they are required to use Single Touch Payroll (STP) reporting and what to do.

ATO podcast – Tax inVoice

The ATO’s podcast Tax inVoice is the easy way to keep in touch about the latest tax and super information and how you can meet your obligations.

Our focus on fringe benefits tax

Fringe benefits tax (FBT) lodgment is due soon. Avoid common errors and find out what attracts our attention.

Recognising thirty years of Tax Help

This year around 800 volunteers in about 600 locations across Australia will assist people with simple tax affairs to complete their tax returns as part of the ATO’s Tax Help Program.

GST and property

Find out how GST applies to property sales and transactions.

Tax Administration in a Digital Age: The Australian experience

Tax Administration in a Digital Age: The Australian experience. Speech by Second Commissioner Neil Olesen. University of NSW – biennial international ATAX conference on tax administration Sydney Thursday 5 April 2018.

2015-16 Tax Stats released

The Australian Taxation Office (ATO) has released the annual Taxation Statistics report for the 2015-16 financial year. The report presents an overview of 16 million 2016 income tax returns for 13.5 million individuals, 940,000 companies, as well as superannuation funds, partnerships, and trusts.

2018 completed issues

This page will display a list of completed public advice and guidance issues for the 2018 year.