The Australian Taxation Office (ATO) is encouraging employers in the construction industry to check they are up to date with their super obligations by the next quarterly due date to avoid additional costs and penalties. When employers don’t meet their super guarantee obligations, by paying late, not paying in full or paying to the wrong […]
The Australian Taxation Office (ATO) has developed a tailored occupation guide for tradies that includes things like tools and equipment, car costs and protective clothing. It explains which deductions people can and can’t claim this year, as well as the income they will need to declare and the records they must keep. The guide has […]
The Australian Taxation Office (ATO) has developed a range of resources to help workers get their tax returns right – including a guide specifically for trades. From car and travel expenses to tools and protective gear, the tax time guide has been created to help work out what they can and can’t claim. An ATO […]
The Australian Taxation Office (ATO) has prepared a one-page cheat sheet to help tradespeople work out what they can and cannot claim. To claim a work-related deduction, you must have spent the money yourself, and you can’t have been reimbursed. It must also be directly related to earning your income. And you must have a […]