Budget Bonanza

Budget Bonanza!

Ok, I for one am feeling somewhat positive about this budget, both for individuals and for small business.   Of course, these ‘promises’ have to be passed and approved … but at least they are on the drawing board and unfortunately many of the ‘benefits’ are not going to occur for some time … so it…

ato

ATO Becomes More Aggressive On Offshore Tax Dodgers

In these difficult times, all governments are worried about maximizing tax collections. That is why the Australian Tax Office (ATO) has become very aggressive in surveillance. They are closely tracking instances of siphoning off money to offshore accounts, mostly to countries called Tax Heavens or to places where there is bank secrecy code protecting the…