What Recent Payroll Changes Mean for Taxpayers
Recent rulings show that breaches of the Fair Work Act or payroll obligations can have enormous financial consequences. With major corporations paying hundreds of millions of dollars in remediation costs and record fines for unlawful actions, the message is clear:…
What the 100-Day Service Plan Means for Taxpayers
In response to mounting frustration, the CRA has introduced a 100-day Service Improvement Plan running from September 2 to December 11, 2025. This initiative is designed to tackle delays and make it easier for taxpayers to access the help they…
New Bill to Boost Growth and Simplify the Tax System
The changes are also expected to simplify compliance, and make the country a more attractive place for talent and investment. For taxpayers, these changes highlight a shift toward fairness and efficiency in the way Inland Revenue manages obligations. One of…
Changes to the CRA’s Voluntary Disclosures Program
Mistakes happen. Even with the best intentions, it’s easy to overlook income, forget a detail, or make an error when filing your taxes. The Canada Revenue Agency (CRA) understands this, which is why it offers the Voluntary Disclosures Program (VDP).…
What Tripling Tourist Tax Means for New Zealanders
From October 1, the cost of visiting Aotearoa will rise with the International Visitor Conservation and Tourism Levy (IVL) increasing to NZ$100. For New Zealanders, this development is more than just a headline about tourists paying more – it has…
ATO Issues Warning as Tax Deadline Approaches
Australians are being reminded that the deadline to lodge their tax return for the last financial year is quickly approaching, with penalties in place for those who miss the cut-off. Individuals choosing to lodge their own return must do so…
Overcome Tax Stress and Get Your Return Lodged
This avoidance can add unnecessary stress, particularly during a cost-of-living crisis, when people are already under pressure. There are several reasons why preparing a tax return can feel overwhelming. Some worry about making mistakes or owing money to the Australian…
Key 2025 Changes and What They Mean for You
Despite its title, the bill does not deliver the anticipated simplification of fringe benefit tax (FBT) rules that many employers were hoping for. Instead, it focuses on a mix of measures designed to ease compliance, and clarify rules for modern…
Get Up to Date with Airbnb Income Tax Regulations
But with this added income comes a tax responsibility. How the Canada Revenue Agency (CRA) classifies that income can have major implications for deductions, benefits, and compliance. Income earned from short-term rentals can be considered rental income or business income,…
ATO Crack Down on Medicare Levy Exemptions
A growing number of taxpayers are being caught out for incorrectly claiming an exemption, leaving them with unexpected tax bills and interest charges. The Medicare Levy Surcharge applies to higher-income earners who do not hold the appropriate level of private…