Mr Taxman
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Tags: GST

Australia's Goods & Services Tax (GST) is predicted to increase as pressure mounts on the Federal Government to fund its recent spending, including the recently minted COAG hospitals agreement.

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Accountant may seek compensation from the Australian Taxation Office (ATO) as a result of damage to their reputation and bottom lines following problems flowing from the ATO’s switch to a new IT system.

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Accountants have flagged they may sue the Australian Tax Office (ATO) over a computer glitch holding up the processing of refunds.

Growing Interest

Feb 24, 2010

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Opening a savings account as a child can help people build disciplined financial skills for life.

Auditors are coming

Apr 09, 2009

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Taxpayers should expect an increase in audit activity by the ATO over the next 12 months

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comments-rhsLatest Comments

  • "Hi, I have a work vehicle that is allocated to me for my role as I travel across Victoria and work from home. I have no parking at my premises - I live central Hawthorn and am surrounded by 2 hour..."

    By: Cassie at Nov 16, 2017 7:07AM

    Post: Claiming car expenses

  • "I bought a crypto currency called bitcoin. Although i have not cashed it in yet, its value has doubled. Do i have to pay tax on it?"

    By: Peter at Nov 15, 2017 10:00AM

    Post: Foreign currency trading

  • "I have had a fully maintained vehicle for over 20 years in all previous jobs. This is my first job with a $10k car allowance. I had to buy a vehicle, register it, insure and now pay fuel every week..."

    By: Rebecca at Oct 25, 2017 10:15AM

    Post: Claiming car expenses

  • "The company i work for pays me a kilometer rate for using my car as im a photographer and they send me to different sites across sydney - what is the kilometre rate they should pay me>"

    By: LISA at Oct 24, 2017 7:39AM

    Post: Claiming car expenses

  • "I finish full time job in April and started to learn foreign currency trading. Attended a $5000 course and practiced in a $1000 account. Learned $200 by end of Month. Can I deduct the $5000..."

    By: jasmin at Oct 23, 2017 6:13AM

    Post: Marriage