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The Latest Breaking News from ATO

Tax facts: What is and isn’t calculated and how to maximise your return

Salary sacrifice, part-time work, other income – here's what is and isn't included when it comes to calulating your tax return.

The New Daily

Morning Mail: Pope Francis praises Pell’s ‘wisdom’, Albanese’s PNG mission, battle of the sun kings

In today’s newsletter: cathedral in Ballarat to hold mass for late cardinal, PM aims for new security deal in Port Moresby and billionaires fall out over solar farm

The Guardian - AU

NT Supreme Court judge sentences man to jail over illegal tobacco crop near Katherine

A man who played a key role in a multi-million-dollar illicit tobacco operation that tried to avoid paying $15 million to the Australian Tax Office will serve three months in jail.

ABC News

From analysis to the latest developments in health,
read the most diverse news in one place.

Fake myGov profiles are being used to hack ATO accounts. Sue found this out the hard way

A routine meeting with her accountant turned into a nightmare for Sue. The retiree is a model citizen for digital security hygiene, but her caution wasn't enough to protect her identity from hackers exploiting this loophole.

ABC News

Former minister to front robodebt inquiry

Former foreign minister Marise Payne will appear at a royal commission into the failed robodebt scheme she helped launch.

AAP

Tax officials who raised concerns about robodebt were ‘fobbed off’, inquiry hears

Royal commission also hears ATO stonewalled the media despite misgivings that data it provided for robodebt was not ethical

The Guardian - AU

ATO bureaucrat 'threatened to shut down' Robodebt scheme by requesting cease and desist on use of tax data, royal commission told

An ATO bureaucrat is asked about his threats to "shut down" the Robodebt scheme in 2017, by requesting a federal department cease and desist using tax office data.

ABC News

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Ask the Expert: Who’s right when ATO, super funds give conflicting advice?

Let's clarify the age rules of contributing to super, which have been relaxed this financial year, this may be the source of some confusion.

The New Daily

AFP, ATO target 'dodgy' tax software

Businesses allegedly using software to avoid paying tax have been targeted by the AFP in Victoria, NSW, Queensland, Western Australia and Tasmania.

AAP

ATO reveals it raided 35 properties suspected of using technology to evade paying tax

Australian Taxation Office agents, along with federal police, have carried out dozens of raids, as part of a global crackdown on businesses suspected of using technology to under-report sales and avoid paying tax.

ABC News

Bureaucrat told to 'tone down' Robodebt criticism, royal commission hears

Andrew Whitecross, then an employee at the Department of Human Services, agrees the policy which became Robodebt was a "radical departure" from compliance at the time.

ABC News

Federal body announces grace period on Director IDs, after concerns about $13,000 fines

As a website crashes and phone queues grow, about 700,000 Australians are given another two weeks to sign up to a scheme designed to weed out dummy directors and stop the practice of phoenixing.

ABC News

Cyber black market selling hacked ATO and MyGov logins shows Medibank and Optus only tip of iceberg

ABC Investigation uncovers large swathes of confidential material widely available on the open internet, ranging from sensitive contracts to privileged legal advice about a student's death.

ABC News

ATO's director ID system deadline looms, with more than 1 million people facing $13,000 fines

There are concerns that up to 1 million Australians are in the dark about a looming tax office requirement — or know about it and are putting off an administrative headache — with just a week until it becomes law.

ABC News

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Belfast Live

Belfast City Cemetery searches lead to discovery of ammunition

Police have said their enquiries are ongoing and they are appealing for information.

Pedestrian.tv

Yr Handy 2 Min Explainer On How The Fk Almost 1/3 Of Big Aus Companies Paid No Tax In 2020/21

More than half of energy, mining & water corporations paid zero income tax.

ABC News

Company directors scrambling to get ID or face $13,000 fine in bid to stop 'dummy directors'

The ATO is making director identification numbers mandatory, to crack down on "dummy directors" and the practice of "phoenixing". Ahead of a crucial deadline, 1.3 million people have not got one yet.

The Guardian - AU

Proposed work-from-home tax changes would mean lower deductions or more paperwork

If adopted, Australian Tax Office draft guidelines would cut 80c flat rate to 67c and affect tax returns from next July

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news in one place.

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The New Daily

Australia’s largest firms post record tax bill, despite almost a third paying nothing

Australia's largest companies are paying more tax under a government crackdown on avoidance, but almost a third still contributed nothing.

The Guardian - AU

Almost a third of Australia’s large companies pay no income tax

Tax Office finds more than half major mining, energy and water companies paid nothing in 2020-21, a three-year high

Pedestrian.tv

Here Are The 10 Highest-Paying Jobs In Australia If U Want To Sob Into Your Non-Existent Salary

Time to question what I studied in uni.

AAP

Corporate tax soars but many paid nothing

The COVID-19 recovery and commodity prices delivered a record year for corporate taxes, however hundreds of big businesses did not pay a cent.

ABC News

Almost 800 large companies paid no tax in 2020-21, Australian Taxation Office report reveals

Thirty-two per cent of Australian public companies paid no tax in 2020-21, according to ATO data, although the tax office says most have legitimate reasons for not doing so.

AAP

Australians owe almost $45b in unpaid tax

The Australian Taxation Office is going after businesses and "resistant" individuals who collectively owe tens of billions in unpaid taxes.

ABC News

Medibank, Optus hacks and ATO attacks expose identity-theft risks, warn cyber security experts

Cyber security experts warn the latest data breach of a major company should have all companies and consumers worried about the seemingly innocuous collection of data.

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