Category: ATO

There is a growing push to introduce a tax on unrealised gains, taxing Australians not on money they’ve earned, but on paper increases in the value of their assets. At first glance, this might sound like a progressive tax reform. But look closer, and it becomes clear, this is not just flawed policy, it’s economic Read More …

A message from concerned accountants for anyone using Cloud Accounting Software…   e-invoicing, The new Way to Send Invoices!   In the event you are a business owner or responsible for clients using Cloud Accounting Software? Take note, 13th November is D-Day for your financial data privacy. As a concerned professional we have chosen to Read More …

When, how and why did Commonwealth Personal Income Tax become compulsory? As a result of the war Personal income tax was transferred from the State to the Commonwealth and when the war ended became the status quo. The introduction of the federal income tax in 1915, was used to fund Australia’s war effort. Between the Read More …

In a recent report here on Constitution Watch we showed publicly available information that the Australian Tax Office is a Trading name of the Ultimate Holding for All Company and the entities behind the Ultimate Holding for All Company is Blackrock Investments & Bank of America just to name a few. https://constitutionwatch.com.au/who-are-the-australian-taxation-office/ As of March 7th 2023 Read More …

The Australian Taxation Office are a Trading Name of a Business named Ultimate holding for all Company as provided for within the Australian Government Business Register. But is the ATO a Constitutional Trading Corporation for the purposes of s51(xx) of the Constitution?     What is a constitutional corporation? The Fair Work Act 2009 defines Read More …