SMSFs cannot acquire an asset from a 'related party' (such as a member or their spouse or relative) unless it...
The ATO is advising taxpayers that having records to substantiate claims is essential to prove deductions can be claimed, having...
The ATO will acquire Australian sales data from online selling platforms for the 2024 to 2026 income years, including full...
Taxpayers who have work done on their rental property should consider the following factors in determining claims for expenses. Repairs and...
The ATO regularly reviews, and sometimes cancels, inactive Australian Business Numbers ('ABNs'). The ATO may review a taxpayer's ABN if...
The main residence exemption needs to be considered in a variety of situations when a taxpayer sells a property they...