The Australian Taxation Office (ATO) has issued a notice to remind taxpayers to regularly review their Input Tax Credit (ITC) estimator practices to minimise the risk of overclaiming GST credits and avoid penalties and interest.
Source Orbitax
Latest Posts in "Australia"
- Australia GST and Customs Duties Guide for Cross-Border E-Commerce Sellers
- US Tariff Overhaul Spurs Refund Rush, New Duties for Australian Exporters Amid Policy Uncertainty
- Australia Unveils Tougher Penalties for Tax Adviser Misconduct, Holding Partners Accountable
- Government Announces Additional Fuel Excise Cut and GST Windfall Return for Motorists and Businesses
- ATO Urges Businesses to Review GST Turnover, Update Reporting Methods Before July 2026













