The Latest Breaking News from ATO

‘Declare it!’: Tax office targets side hustles as nearly 900,000 earn a second income

There are penalties for getting it wrong, and this year the ATO will have its sights on those with side hustles who don't report their income.

The New Daily · May 19, 2023

Influencers warned as ATO cracks down on side business

People with side hustles will come under scrutiny this tax season as the Australian Taxation Office cracks down on businesses amid the cost-of-living crisis.

AAP · May 18, 2023

Richard Boyle claims judge wrong to deny him whistleblower protections

Former ATO worker lodges appeal against a South Australian district court decision

The Guardian - AU · May 18, 2023

Budget 2023: Business to benefit from energy assistance and renewables investment, but key tax break scaled back

Renewable energy and the transition away from fossil fuels are the government's key focus in its assistance to businesses, big and small, but a key small business tax break has been scaled back.

ABC News · May 9, 2023

Michael Pascoe: Hiding in plain sight, Labor commits to further big fossil fuel projects

The Albanese/Chalmers government went ever so gently with the gas industry because it hopes for more big new fossil fuel extraction projects.

The New Daily · May 8, 2023

'Payday super' changes tipped to add thousands to retirement incomes, catch more unpaid superannuation

Millions of Australian workers are set to retire with thousands more in their superannuation accounts after changes from the federal government requiring all businesses to pay their employees' superannuation on payday.

ABC News · May 2, 2023

Government will require bosses to pay workers their super on payday

A government change requiring superannuation to be paid on payday could mean a young employee will be several thousand dollars better off by retirement.

The Conversation · May 1, 2023

Labor announces payday super to crack down on billions in unpaid funds each year

The measure will deliver a ‘more dignified retirement to more Australian workers’, treasurer Jim Chalmers says

The Guardian - AU · May 1, 2023

Deliberately not paying superannuation is 'wage theft' and the government is cracking down on it

Employers who deliberately don't pay their workers their full wages and superannuation on time could face tougher penalties under a federal government crackdown, with the possibility businesses will be made to make super payments more frequently.

ABC News · Apr 23, 2023

Australia's HECS-HELP debt has topped $74b. How long does it take the average student to pay theirs off?

Those with some of the country's biggest HECS-HELP debts would be more than 100 years old before even coming close to paying them off without voluntary extra repayments.

ABC News · Apr 14, 2023