ATO Targets Cash-in-Hand Businesses Avoiding Tax and Worker Obligations
The ATO is increasing scrutiny on businesses using cash to avoid tax, super and employment obligations. Ensure your records and reporting meet compliance requirements.
GST Credits and BAS: What can (and cannot) be claimed
Before lodging your BAS, review GST credit claims carefully. Ensure purchases are eligible, correctly apportioned and supported by valid tax invoices.
Don’t lose GST and fuel tax credits to the 4-year rule
If you’ve identified unclaimed GST or fuel tax credits nearing expiry, talk with Omnis. We can help you choose the fastest and safest way to claim them before the 4-year time limit runs out.
ATO steps up data-matching and debt enforcement
Concerned about ATO data-matching or debt enforcement? Get advice early to avoid penalties and travel restrictions.
ATO focus on small business November 2025
The ATO is zeroing in on common business tax errors across industries like construction, IT and professional services, especially for businesses turning over $1M to $10M. From overclaimed deductions to FBT myths about dual cab utes, the message is clear: get it right before the ATO does.
Common Tax Mistakes Sole Traders Should Avoid
Sole traders, take note — the ATO is cracking down on common tax reporting and expense mistakes. Make sure you’re getting it right.
How to manage business day-to-day transactions
The ATO has provided following tips for small business owners to make tax life easier — see if you agree.
ATO’s fervent focus on small business
The Tax Office has announced its major areas of interest regarding small businesses, highlighting a tougher stance on compliance and GST fraud.
Tribunal Decisions uphold ATO stance on GST and UPEs
The AAT rejected a taxpayer’s late input tax credit claim, while the Full Federal Court upheld a decision that unpaid present entitlements (UPEs) are not considered loans for Division 7A purposes.
GST classification of products
Avoid GST Classification Errors: ATO Guidance for Small and Medium Businesses Self-Review Tips for Food and Health Product GST Compliance GST classification errors can lead to significant under-reporting of GST for some taxpayers. The ATO recently issued guidance for small to medium businesses on self-reviewing GST classification of food and health products. The use of […]
