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, my wife and I have a SMSF and hold physical gold in the name of the super in a safe at home. Can I put in a CCTV system around the house for the security of the gold and claim the cost of the..."

    By: Wael at Feb 17, 2018 3:18AM

    Post: Foreign currency trading

  • "Hi, I have two properties, one is my home without mortgage and another is rental property has $300k mortgage. If I sell my home for $500k, and I used the money to buy shares, I move into my rental..."

    By: Tim Wong at Feb 05, 2018 9:30AM

    Post: Borrowing to buy shares

  • "Hi- I have been using a hire car for work purposes only as I do no have a car and I do not use it for private use. My employer does not give a car allowance but specify that travel is required as..."

    By: jodie at Feb 01, 2018 1:20AM

    Post: Claiming car expenses

  • "Hi mr taxman As I have not been over here in wa long and keep being told claim this claim that I would like to know what I can claim ok so I’m full time employed as a carpenter and need to carry..."

    By: Chris at Jan 30, 2018 10:15PM

    Post: Claiming car expenses

  • "I had a contract to work at a mine site some 1100ks from my house in Cairns for 6 months. Contract required me to live local. I worked 9 days on 5 off. Can I claim any milage for travel between the..."

    By: Mark at Jan 26, 2018 2:43AM

    Post: Claiming car expenses