If you’re an Australian resident for tax purposes, you don’t have to pay income tax on the first $18,200 you earn each year, from any source. This is called the “tax-free threshold”. If you have more than one job, change employers during the year, have a sole trader side gig or get government payments, it’s […]
The ATO has extended its motor vehicles data matching program once again to encompass the 2022–2023 to 2024–2025 financial years. For each financial year, the ATO will acquire information from all eight of the state and territory motor registries regarding where a vehicle has been transferred or newly registered during the applicable period, and where […]
The ATO has warned content creators that they need to be aware of their income tax and GST obligations. TIP: Examples of content creators are individuals who write a blog, post make-up tutorials to social media or stream gaming or other activities for others to watch. If you start making money from your online content, […]