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One expert has stressed the importance of tax agents reminding their clients that the ATO is no longer as lenient on tax debt collection as it was during the COVID-19 pandemic.

The ATO has a clear message this year: slow down and get it right. Early lodgers are far more likely to make mistakes.

Rising operating costs and persistent inflation are placing renewed pressure on businesses worldwide, despite signs that confidence is beginning to recover.

Picking up a second job, holding multiple part-time roles, or doing gig work is now part of everyday life. But the way tax is withheld across multiple payers can lead to a surprise when you lodge your tax return.