DIRECT FROM THE ATO

Older members of your self-managed super fund (SMSF) are now able to receive spouse contributions and make voluntary super contributions without meeting the work test.

The Commissioner of Taxation's remedial power is a discretionary power the Commissioner can use in limited circumstances to resolve smaller unintended outcomes.

The consumer price index (CPI) rates have been updated to include the June 2020 quarter figure.

You can participate in our open consultation. We encourage you to have your say.

Personal and financial information are frequently targeted at tax time. Warn your clients and protect your practice from scammers.

These ATO case studies demonstrate that people who deliberately cheat the tax system will be held to account.

The Test Case Litigation Program provides financial assistance to taxpayers whose litigation is likely to be important to Australia's tax and superannuation laws.

We develop public advice and guidance to help you to understand your obligations and to be aware of your rights and entitlements.

Use our finalised advice for completing the arm's length debt test for thin capitalisation purposes.

If your business makes a loss in an income year, you can carry forward that loss and may be able to claim a deduction for it in a future year.