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As the 2024 lodgement deadline approaches, we remind you of the importance of submitting your tax returns on time. Failure to meet this deadline may result in penalties and interest charges being applied to your account. In many instances the ATO was lenient on lodgement penalties during the pandemic period...
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To gear up for the Land Tax year of 2024, we’ve put together key information that might prove helpful. The Land Tax rate and thresholds for 2024 are subject to change annually. Previously, the Land Tax thresholds were officially announced on 15 October each year, however, recent legislative amendments have...
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Late last year, a wave of unexpected news swept through the Australian business community as thousands of taxpayers and their representatives received notifications from the Australian Taxation Office (ATO) regarding outstanding historical tax debts. What made this revelation particularly startling was that many recipients had no prior knowledge of these...