ATO says 1,149 large companies paid no tax as it scrutinises AI firms
Almost 30 per cent of large companies paid no tax in 2024-25, an Australian Taxation Office (ATO) report…
Almost one in three Australians expect a $1,200 tax return for the 2026 financial year, fresh data reveals
More than eight million Australians expect a tax return of almost $1,200 as the Australian Taxation Office delivers…
ATO reveals average superannuation balance by age – and $86,300 retirement gap
The average super balance in Australia has increased from $173,000 to $183,000, new ATO data has revealed. ·…
ATO reveals top 10 highest paying jobs in Australia with salaries up to $520,000 a year
The ATO has revealed the highest paying jobs in Australia, with medical professionals dominating the list once again.…
ATO signals relief for small businesses pushed to breaking point in fuel crisis
The ATO is currently trying to claw back $50 billion in unpaid taxes, with nearly two thirds owed…
Could Chrissie Swan replace Kyle and Jackie O in Melbourne?
Chrissie Swan has emerged as a strong contender to replace Kyle Sandilands and Jackie “O” Henderson on the…
Superannuation balance that puts you in the top 10 per cent of Aussies by age
Financial adviser James Wrigley encouraged Aussies to consider extra contributions if they wanted to boost their super balance.…
ATO warning for bosses as $1 billion superannuation retirement boost delivered to Aussie workers
The ATO has warned employers that paying correct super on time was not optional and it would take…
Major new ATO rule for income splitting strategy used by thousands of Aussies to lower tax: ‘Massive change’
Tax Invest Accounting director Belinda Raso has urged taxpayers impacted by the change to act now before the…
Battle over plan to tap $4.3 trillion of worker savings to fund compensation scheme after super funds collapse
Assistant Treasurer Daniel Mulino revealed the government was considering getting the super sector to contribute to the Compensation…
ATO issues draft rules for agency-wide use of generative AI
The Australian Taxation Office has issued draft chief executive instructions on the approved uses and restrictions of workplace…
Warning over ‘once in a generation’ superannuation change coming in months as ATO seeks earlier visibility
ATO deputy commissioner Emma Rosenzweig has urged employers to prepare for payday super now. (Source: ATO/AAP/Getty) The Australian…