The Institute of Public Accountants (IPA) is urging people to not the jump the gun by lodging their tax return early this year, suggesting there could be many variables relating to COVID-19 assistance that should be considered first. “We understand that some individuals have been adversely impacted by COVID-19 and want to get their hands… Read more »
Catch up on today’s headlines as we break down the news small business owners need to know on Friday, October 18, 2019. ATO warns taxpayers to lodge before October 31 deadline The Australian Taxation Office (ATO) is calling for people to lodge their tax returns by the October 31 deadline or miss out on refunds.… Read more »
“If you plan to lodge your tax return yourself, you need to be aware that the deadline for lodging is less than three weeks away,” warns H&R Block, Director of Tax Communications Mark Chapman. Spurred on by the government’s low and middle-income tax offset (LMITO) – which is effectively a tax cut of up to… Read more »
According to new research by H&R Block and Officeworks, nearly half of Australians report they find the tax preparation process stressful.
With the end of the financial year on the horizon, the Australian Taxation Office (ATO) announced today that its long time online lodgement tool e-tax has been retired in favour of a new portal.
From 1 July, sole traders and contractors will be able to lodge their tax returns using myTax portal.