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Latest News

ATO launches new app feature to stop scam calls

By Taxwise | May 28, 2026

Taxpayers can now instantly confirm whether a call claiming to be from the ATO is genuine, with the launch of a new in-app security feature designed to shut down scammers. The new verify call feature allows users to confirm, in real time, that they are speaking with the real ATO, not a fraudster. Taxpayers are […]

Tribunal rejects claims for self-education expenditure

By Taxwise | May 23, 2026

The Administrative Review Tribunal recently rejected an employee’s claims for self-education expenses, as they did not have a sufficient nexus with his current job and income-earning activities. The taxpayer worked as an employee for a large company.  He claimed that his role evolved to include marketing and sales responsibilities during the 2022 income year, and […]

Tribunal decision regarding home office and car expenses overturned

By Taxwise | May 18, 2026

The Full Federal Court recently allowed the ATO’s appeal against an Administrative Review Tribunal decision that a taxpayer was entitled to claim deductions for home office and car expenses. The taxpayer worked full-time for the ABC as a sports presenter and producer.  During the 2021 income year, because of COVID-19 pandemic restrictions, the taxpayer undertook […]

ATO wants businesses to review their GST turnover

By Taxwise | May 13, 2026

The ATO has noticed some businesses have not updated their GST reporting and accounting methods after exceeding the relevant thresholds. If a taxpayer’s business has a GST turnover of $10 million or more, they need to use full BAS reporting instead of ‘simpler BAS’, and account for GST on a non-cash (accruals) basis. If their […]

ATO responds to high fuel costs

By Taxwise | May 8, 2026

 The ATO recognises that high fuel costs are affecting some businesses, and it will provide targeted support to eligible businesses that are unable to meet their payment obligations for three months, from 1 April 2026 to 30 June 2026. In particular: u      the ATO will provide streamlined access to more flexible payment plan arrangements, including […]

ATO is ‘clearing up’ some common Payday Super myths

By Taxwise | May 3, 2026

With less than two months until Payday Super starts (on 1 July 2026), the ATO wishes to ‘clear up’ the following common misconceptions. Myth: “There is nothing super fund trustees need to do before the start date.” Fact: Super funds should have already taken steps to receive more frequent contributions and meet shorter processing timeframes.  […]

Employees incorrectly treated as independent contractors

By Taxwise | October 3, 2025

The ATO is warning businesses that if they incorrectly treat an employee as an independent contractor, then they risk receiving penalties and charges, including: PAYG withholding penalty for failing to deduct tax from worker payments and send it to the ATO; Super guarantee charge (‘SGC’), which is more than the super that would have been […]

PAYGW reminders for activity statement lodgments

By Taxwise | September 3, 2025

The ATO will be sending certain employers a reminder to lodge their activity statements. The reminder will include the amounts the ATO has on record for them, such as: PAYG withheld amounts reported through Single Touch Payroll; and any other pre-filled amounts, including GST instalments and PAYG instalments (instalment amount option). The ATO’s reminders are […]

ATO AFCX data-matching program

By Taxwise | September 3, 2025

The ATO will acquire relevant account and transaction data (data-matching) from the Australian Financial Crimes Exchange (‘AFCX’) for the 2025 to 2027 income years, including the following: Client identification details (names, addresses, phone numbers, dates of birth, identity verification document details, IP addresses, etc); and Bank account transaction details (bank account details, transaction date and […]

Small Business Superannuation Clearing House is closing

By Taxwise | September 3, 2025

The Small Business Superannuation Clearing House (‘SBSCH’) will close on 1 July 2026. Editor: The SBSCH is a free online service provided by the Australian Government through the ATO. The SBSCH can be used by employers to pay superannuation for all their employees through a single payment. The SBSCH will then distribute the money to […]

Getting the main residence exemption right

By Taxwise | September 3, 2025

The ATO has the following tips for taxpayers in relation to the CGT main residence exemption. They should consider if they have bought or disposed of property in the past income year. If they have sold property, were they using it solely as their primary place of residence, earning income from it (rental or business), […]

Bill to reduce student debt now law

By Taxwise | September 3, 2025

Legislation has recently been enacted which delivers on the 2025/26 Federal Budget announcement to reduce student debts. Pursuant to this legislation: there is a one-off 20% reduction to Higher Education Loan Program debts and other student loans that were incurred on or before 1 June 2025; the minimum repayment threshold is increased from $54,435 in […]

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