Tax | SmartCompany https://www.smartcompany.com.au/tax/ Business news, business advice and information for Australian SMEs, startups and entrepreneurs Fri, 02 Oct 2026 02:16:28 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.10 https://assets.smartcompany.com.au/wp-content/uploads/sites/4/2022/01/cropped-android-chrome-512x512-1.png?quality=70&w=32 Tax | SmartCompany https://www.smartcompany.com.au/tax/ 32 32 202088525 “Unfair”: Opposition calls on government to reverse ATO credit payment ban https://www.smartcompany.com.au/finance/unfair-opposition-calls-to-reverse-ato-credit-payment-ban/ https://www.smartcompany.com.au/finance/unfair-opposition-calls-to-reverse-ato-credit-payment-ban/#respond Fri, 02 Oct 2026 02:16:21 +0000 https://www.smartcompany.com.au/?p=345865 The ATO plan to stop accepting credit card payments after November 30 has critics in Canberra, but finding an alternative may prove difficult.

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DIY tax returns: The deadline for self-lodging sole traders is closer than you think https://www.smartcompany.com.au/tax/diy-tax-returns-deadline-self-lodging-sole-traders/ https://www.smartcompany.com.au/tax/diy-tax-returns-deadline-self-lodging-sole-traders/#respond Thu, 01 Oct 2026 05:44:13 +0000 https://www.smartcompany.com.au/?p=345835 If you lodge your own tax return, you have about four weeks left. And if you're planning to hand it to an accountant instead, you have even less time.

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“Stuffing up our cashflow”: ATO slammed for turning off credit card tax payments https://www.smartcompany.com.au/tax/stuffing-up-our-cashflow-ato-slammed-for-turning-off-credit-card-tax-payments/ https://www.smartcompany.com.au/tax/stuffing-up-our-cashflow-ato-slammed-for-turning-off-credit-card-tax-payments/#respond Thu, 01 Oct 2026 05:09:41 +0000 https://www.smartcompany.com.au/?p=345797 The tax office will ban credit card payments for tax after November 30 -- a plan it concedes could hit business cash flow.

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ATO ends credit card payments from November 30 in response to surcharge ban https://www.smartcompany.com.au/tax/ato-ends-credit-card-payments-november-30-after-surcharge-ban/ https://www.smartcompany.com.au/tax/ato-ends-credit-card-payments-november-30-after-surcharge-ban/#respond Wed, 30 Sep 2026 14:01:00 +0000 https://www.smartcompany.com.au/?p=345709 Taxpayers that rely on credit cards to pay the ATO will need to find a new payment method.

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Business dob-ins rise as Australians tip off the ATO 1,000 times a week https://www.smartcompany.com.au/tax/business-dob-ins-rise-australians-tip-off-ato-1000-times-a-week/ https://www.smartcompany.com.au/tax/business-dob-ins-rise-australians-tip-off-ato-1000-times-a-week/#respond Tue, 29 Sep 2026 01:20:40 +0000 https://www.smartcompany.com.au/?p=345518 The most commonly reported industries include building and construction, cafés and restaurants, and hair and beauty.

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No, Australia is not getting a ‘baby tax’ https://www.smartcompany.com.au/tax/no-australia-is-not-getting-a-baby-tax-family-trusts/ https://www.smartcompany.com.au/tax/no-australia-is-not-getting-a-baby-tax-family-trusts/#respond Tue, 29 Sep 2026 01:10:13 +0000 https://www.smartcompany.com.au/?p=345528 The federal government's proposed tax changes for family trusts have prompted claims Australia is getting a “baby tax”.

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Fears new CGT update could hit innovative startups that change direction https://www.smartcompany.com.au/startupsmart/cgt-innovative-business-loophole-ai-group-statement/ https://www.smartcompany.com.au/startupsmart/cgt-innovative-business-loophole-ai-group-statement/#respond Mon, 28 Sep 2026 01:58:47 +0000 https://www.smartcompany.com.au/?p=345460 Ai Group fears for investors in pioneering startups that eventually change strategy, with those shares losing key tax concessions.

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“Definitely losing talent”: Startup leaders fear tax settings pushing Aussie founders overseas https://www.smartcompany.com.au/startupsmart/startup-leaders-fear-tax-settings-pushing-aussie-founders-overseas/ https://www.smartcompany.com.au/startupsmart/startup-leaders-fear-tax-settings-pushing-aussie-founders-overseas/#respond Thu, 24 Sep 2026 23:57:16 +0000 https://www.smartcompany.com.au/?p=345387 Experts say growing valuations, complex ownership structures, and potential capital gains tax exposure are all weighing on local founders.

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How employers can make the most of the ATO’s practice year for payday super https://www.smartcompany.com.au/tax/how-employers-can-make-the-most-of-the-atos-practice-year-for-payday-super/ https://www.smartcompany.com.au/tax/how-employers-can-make-the-most-of-the-atos-practice-year-for-payday-super/#respond Wed, 23 Sep 2026 23:59:33 +0000 https://www.smartcompany.com.au/?p=345342 The ATO has put in writing that it will go easy on employers that are genuinely trying in the first year of payday super.

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$190 million clawed back, billions more identified in ATO phoenixing crackdown https://www.smartcompany.com.au/tax/ato-phoenixing-cases-data-crackdown/ https://www.smartcompany.com.au/tax/ato-phoenixing-cases-data-crackdown/#respond Mon, 21 Sep 2026 06:06:19 +0000 https://www.smartcompany.com.au/?p=345091 The ATO shared data from the Phoenix Taskforce, a cross-agency initiative designed to prevent collapsed companies from shirking their debts.

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