ATO – are you ready for an Audit

As a taxpayer, you mustn’t forget it is your obligation to ensure that your tax return is correct. You cannot just assume that by using the services of a Registered Tax Agent to prepare & lodge your tax return, that your obligations are reduced. In recent rulings, the ATO has emphasised that taxpayers cannot use the Read More…

Minimising Tax

With the end of the 2015 tax year fast approaching us, it’s that time of year again when people start looking at different ways to minimise their tax. I would suggest that this search for a tax-effective investment be taken with caution as it also brings with it a risk of increased ATO scrutiny.  There are different Read More…

Tax Tips 2013/14

Tax Planning Strategies to Reduce your Tax As the tax you pay depends on your taxable income, increasing your tax deductions before the end of June is definitely a way to reduce your tax. With the 2013/14 end of financial year fast approaching, here are some tips you can use to minimise your tax: – Read More…