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The Latest Breaking News from ATO

The 60 millionaires who paid no tax and the richest and poorest postcodes revealed

Sixty people earned more than $1 million but paid no tax in 2019-20, and the country's lowest incomes have been recorded in regional NSW, according to the ATO's latest taxation statistics.

ABC News

Michael Pascoe: The professional classes make billion-dollar tax rorts possible

An army of very highly paid lawyers and accountants are beavering away at ripping off the Commonwealth, writes Michael Pascoe.

The New Daily

‘Dangerous’: ATO hands out $5.7 billion in tax refunds in July as inflation soars

The federal government has paid out $5.7 billion in tax refunds to households in July amid warnings the stimulus will worsen soaring inflation.

The New Daily

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‘Fleecing the public’: Labor puts corporate giants on notice as Rio Tinto coughs up $1 billion in tax

Corporate giants failing to pay their fair share of tax have been put on notice as Labor prepares to introduce a crackdown on multinational tax dodgers.

The New Daily

Rio Tinto agrees to pay additional $613m to settle dispute with Australian tax office

Deal over mining giant’s financing arrangements and marketing hubs in Singapore is one of ATO’s biggest ever tax settlements

The Guardian - AU

Taxable income: Does having more than one job mean I pay more tax?

The Australian Tax Office (ATO) doesn’t care how many different sources of income you have, it just need to know how much your total taxable income is.

The New Daily

Police, tax office nab GST fraudsters

The tax office says thousands of people are suspected of being involved in a major GST fraud and warned Australians to be wary of people seeking myGov details.

AAP

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Attorney-General rejects calls to drop prosecution of ATO whistleblower Richard Boyle ahead of trial

Attorney-General Mark Dreyfus has ruled out dropping charges against former ATO public-servant-turned-whistleblower Richard Boyle, who is set to face trial later this month.

ABC News

Josh's tax file number was stolen. Now his personal data is at risk — and his money

Now that tax time has rolled around, people are being warned to keep their tax file numbers secured.

ABC News

The major changes that will affect your future tax returns

If you've worked from home during the pandemic, you are likely to have used a shortcut method of claiming home office expenses that ended on June 30.

The New Daily

Bitcoin helped Joe secure his fortune but he would no longer recommend it as investors risk financial ruin

Joe Bridge has bought two motorbikes, two boats and his first house with the $1 million-plus he made on bitcoin, but he doesn't recommend trying to replicate his success.

ABC News

‘Take your time’: ATO urges Australians to delay filing tax returns

Millions of Australians are expected to rush in and file their 2021-22 tax returns over the next month, with bumper refunds on the table this year.

The New Daily

Tax return Australia: what expenses can I claim if I’ve returned to the office for work?

So you’re leaving the house for work again, either some or all of the week: here’s what to do and what you can claim

The Guardian - AU

Petrol, Netflix And RATs: Here’s All The WFH Expenses The ATO Is Cracking Down On This Tax Szn

Tax savvy girlies beware

Pedestrian.tv

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The Guardian - AU

Tax return 2022: what expenses can I claim if I’m working from home?

From electricity and internet bills to printing paper and ink, here’s what the ATO says you can and can’t claim for your home office

The New Daily

Preparing your tax return? Here are the COVID-19 tax deductions you may not have heard about

The clock is ticking towards the end of the financial year, which means it's time to start preparing your tax return. Here are some COVID-era deductions.

ABC News

The Loop: Concerns over Boeing's 737 MAX, bleak data on Australia's gender pay gap, and what the ATO is cracking down on at tax time

Get up to speed on today's headlines with The Loop.

ABC News

Trying to recoup the higher cost of living via your 2022 tax return? 'Not on', ATO warns taxpayers

Australians not declaring crypto investments and over-claiming work-related expenses to help with the rising cost of living could come under ATO fire.

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The Guardian - AU

Australian Taxation Office crackdown on family trust rorts causes alarm among tax advisers

ATO gives example of child being given $180,000 then repaying it to parents for cost of bringing them up as going against community expectations

Benzinga

Expert Ratings for Atmos Energy

Atmos Energy (NYSE:ATO) has observed the following analyst ratings within the last quarter:

The Guardian - AU

Tax office and federal police conduct raids over billion-dollar tax scam spread on TikTok and Facebook

A dozen locations raided as ATO says 70,000 instances detected of GST fraud method popularised via social media

AAP

ATO targets GST scams, recovers $1 billion

People attempting to trick the Australian Taxation Office with a GST scam are being warned they are not "anonymous" and could potentially face time behind bars.

The Canberra Times

ATO headquarters building in Civic listed for sale

It's the second property the owners - a German investment fund - have listed for sale this year.

ABC News

Labor government urged to drop prosecutions against whistleblowers and ramp up protections

As the Albanese government works on getting legislation ready for its highly anticipated corruption watchdog, calls are growing for it to boost protections for whistleblowers and drop criminal prosecutions against Richard Boyle, David McBride and Bernard Collaery, and to advocate for Julian Assange.

The New Daily

Trackies and uggs: what you can and can’t claim this EOFY

Trackies and ugg boots may be your working from home uniform, but they are on the list of no noes at tax time. COVID restrictions have led workers to try

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