Tax Gap

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Tax Office News

Tax Office cracks down on sharing economy With the help of superior and wide-reaching data matching capabilities, the ATO are cracking down on the $500 million sharing economy – platforms such as Uber and Airbnb. Whether the income earned from Airbnb, Uber, or the...

Small Business Concessions

Small businesses with an annual turnover of less than $2 million may qualify for a range of tax concessions. If your business is eligible you can use the concessions that suit you. You may have to satisfy additional conditions and will need to check whether...