Choose your Liquidator carefully

ATO Crack down on Phoenix activities The Australian Tax Office (ATO) and the Australian Securities and Investments Commission (ASIC) have conducted raids on 13 businesses and residences across the country in a bid to crack down on “pre-insolvency” firms that advise clients on how to avoid tax. Some 120 ATO officers teamed up with their [...]

By | August 16th, 2016|Illegal Phoenix|0 Comments

ATO crackdown on the sharing economy

Talk to your clients before the ATO goes after them The Australian Taxation Office (ATO) is  “concerned” by people making income from sites such as Uber, Airbnb and Airtasker. And are unaware they have to declare these amounts on their tax return. The warning comes after the ATO recently collated information from banks to find [...]

By | July 18th, 2016|Taxes|0 Comments