The explosion of OnlyFans, YouTubers, TikTokers and others all offer an opportunity for ‘content creators’ to profit from the audiences they generate. But now the Tax Office has given notice to the booming industry. – Content creators: The tax risk warnings.
This article focusses on the ATOs concerns that people with holiday homes are claiming more deductions than they should be and have begun questioning it. – Holiday homes: What the ATO will be asking.
This article focuses on The Australian Taxation Office (ATO) update on its approach to how you claim expenses for working from home. – Working from Home at tax time.
The ATO has released its final position on how it will apply some integrity rules dealing with risky trust distributions – changing the goal posts for trusts distributing to adult children, corporate beneficiaries, and entities with losses. – Risky trust distributions: The ATO’s final position.