The ATO Plans to Auto-Call ABN Cancellations
The Australian Tax Office (ATO) has announced that Australian Business Number (ABN) holders or their accountants might be contacted by the tax office during the months of November and December 2021 as it moves to automate its ‘intent to cancel’ program. ABNs can be selected for the cancellation program if the tax office cannot detect […]
The ATO Has Lost “JobKeeper Test Case” In the Full Federal Court
Jeremy Apted, an Australian sole trader has been granted access to JobKeeper following the Full Federal Court unanimously ruled that the Australian Tax Office was incorrect in its decision to not grant his business more time to establish it’s eligibility. This case which is referred to as “The JobKeeper test case” was centred around whether […]
Accounting Advice for Recently Appointed Barristers
Congratulations on your recent appointment, if you have recently been appointed as a barrister, from a business structure perspective you will be operating as a sole trader. You will therefore need to apply to obtain an ABN (Australian Business Number). During your time spent in previous roles of employment you have been operating as a […]
GST on Amazon Fees
Amazon has just announced that it will charge 10% GST on Selling on Amazon fees from 1 July 2017 for Australian based Amazon sellers unless they are registered for GST. So What Does This Mean? You will have to provide your ABN (Australian Business Number) to Amazon, and You will have to register with the Australian Taxation Office for GST […]