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ATO has truckies, sales reps and electricians in its sights

Posted on by KRS Accountants

CANBERRA, June 12 AAP – If you are a truckie, sales and marketing manager or electrician, watch out – the tax office has you in its sights. Australian Tax Office official Jennie Granger says there is concern tough economic times will encourage more people to fudge their tax returns this year. “Deductions for work-related expenses Read more about ATO has truckies, sales reps and electricians in its sights[…]

Swan rules out any increase in GST rate

Posted on by KRS Accountants

A federal government review of taxation will not consider any increase in the rate of GST, federal Treasurer Wayne Swan says. The Business Council of Australia, in a submission to the Henry review, has called for a halving of the company tax rate to 15 per cent and an unspecified increase to the GST. No Read more about Swan rules out any increase in GST rate[…]