The ATO has reached out to small businesses who may have recently received a letter advising that they have a debt on hold, and any credits or refunds would be offset against this debt. As a result, some may find that their refund or credit is less than expected. The ATO paused offsetting refunds or…
The ATO is writing to taxpayers whose credit rating may be affected if their tax debts are disclosed to credit reporting bureaus.
The proposed new law aims to help small businesses involved in disputes or debt recovery actions with the ATO.
Your accountant should be planning strategies to improve your business, tax and personal outcomes months in advance, not just doing your tax return. Even if ‘you’re not their biggest client’ your accountant should be working proactively for you. Tax savings are made through planning, not hoping. If you don’t have a handle on your tax…
If you are struggling to manage your personal financial affairs, your savings have stalled or you’re feeling you’re not getting ahead financially, it’s time to take back control. Here we explore the important matters of personal cashflow and debt management.