New Director ID – Calling All Directors
New Director ID – Calling All Directors A director ID is a 15-digit identifier given to a director (or someone who intends to become a director) who has verified their identity with the Australian Taxation Office (ATO). Director ID will increase transparency, help regulators track director relationships with companies, strengthen efforts to identify and eliminate […]
ATO targets work expenses, crypto gains
ATO targets work expenses, crypto gains The Australian Tax Office has warned taxpayers against double-dipping deductions for both home office and travel expenses ahead of the end of the financial year. “Some people have changed to a hybrid working environment since the start of the pandemic, which saw one in three Aussies claiming working from home […]