Monthly Archives: February 2018

Top Tax Changes in 2018

SMALL BUSINESSES  AND COMPANIES From 1 July 2017, the concessional corporate tax rate of 27.5% will only be available for ‘‘base rate  entities’’, being entities with no more  than 80% of its income being ‘‘base rate  entity passive income’’ The ATO will be allowed to disclose to Credit Reporting Bureaus the tax debt information of […]

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ATO warning on potential frauds and scams

The ATO has issued a public alert warning of a potential email scam affecting clients, following an increase in fraud activity in recent months.  The ATO is warning of an email scam, which features the tax office’s letterhead and an email address similar to those used in official ATO correspondence. In an example email provided by […]

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