News

Category: ATO matters

Increased Cost of Tax Debt: ATO Crackdown Continues
From July 1, 2025, the general interest charge (GIC) and shortfall interest charge (SIC) will...
15% Withholding on Property Sales: New Tax Rule for Australian Sellers in 2025
As of January 1, 2025, all Australian residents for tax purposes must provide a clearance...
Rising ATO pressure: stay informed on Director Penalty Notices
Small and medium businesses are facing increasing pressure as the Australian Taxation Office (ATO) ramps...
ATO Client-to-Agent linking changes
In April 2024, the Australian Taxation Office (ATO) announced a number of changes to the...
Working at home tax deduction due to COVID-19
Recently announced by the Australian Taxation Office is a remodel to a concept many...
TAX TIME QUESTIONS
At tax time and everybody wants to get their refund. At Optima Partners we...
What you need to know about claiming Self-education expenses
Have you undertaken studies at an educational institution, attended conferences/seminars or commenced an online learning...
Privacy ? What Privacy?
Privacy ? The Australian Taxation Office (ATO) is a very busy organization. It does much,...
Data Matching & Reportable Income
People often think of the Australian Taxation Office (ATO) as the big bad wolf on...
Help me, Help you.. ATO Debt – Getting the best outcome
A strong working relationship between a client and their accountant can be complex and demanding,...
WHY YOUR COST OF MANAGING TAX AFFAIRS DEDUCTION MATTERS
  On Sunday 26 June, just six days before the federal election, the ALP’s Shadow...
Tips to preparing your BAS (Business Activity Statement)
Taxpayers who are registered for GST must report their tax obligations to the ATO on...

Latest News

Understanding business structures: tax, liability and asset protection
Your chosen business structure has massive implications for your tax liability, asset protection and cost....
New GST reporting rules for small businesses
The Australian Taxation Office (ATO) recently announced that over 3,500 small businesses will be moved...
Optima Partners to host 4th annual Perth Car Club meet
Optima Partners is proud to host Perth Car Club’s fourth annual anniversary meet-up at our...
Key Dates: April 2025
21 April: Lodgement and payment of March 2025 monthly business activity statement 21 April:...
Selling your business: Best practices
Selling your business is a major decision and a milestone in your career. Whether you’re...
No silver bullet: Plumbing Bros founder discusses expansion
Plumbing Bros Director and CEO James Riddle is no stranger to adversity in business. Despite numerous...
Controversial super tax remains in limbo
The Treasury Laws Amendment Bill 2023, containing the controversial Division 296 tax on superannuation balances...
Key Dates – March 2025
21 March : Lodgement and payment of February 2025 monthly business activity statement. 31...
Buying a business: Seven best practices
Buying a business is great option for entrepreneurs looking to break into the market, and...
2024 -25 Fringe Benefits Tax Year: Preparing for the 21 May Deadline
March 31 marks the end of the 2024-25 Fringe Benefits Tax (FBT) year, meaning that...