Interest deductions: risks and opportunities
This tax season, we’ve seen a surge in questions about whether interest on a loan can be claimed as a tax deduction. It’s a great…
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Author: adam galea
Div 296 Super Tax and Practical Things To Consider
Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for individuals if their total…
Labour’s Victory: Unpacking The Promises and Priority
As the Labor party settle back into their seats having secured a majority in the House of Representatives, we look at the campaign promises and…
Personal Tax Cuts
From 1 July 2026, personal income tax rates will change. On the last sitting day of Parliament, the personal income tax rate reduction announced in…
FBT 2025: What you need to know
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT exemption for electric cars Employers…
Why the ATO is targeting babyboomer wealth
“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations…
The top Christmas party questions
What can I do to make the staff Christmas party tax deductible or tax-free? Not have one? Ok, seriously, it’s likely that you will pay…
What makes or breaks Christmas?
The cost of living has eased over the past year, but consumers are still under pressure. For business, planning is the key to managing Christmas…
The Ban on Genetic Test Insurance Discrimination
The ability for life insurers to discriminate based on adverse predictive genetic test results will be banned under a new Government proposal. Predictive genetic tests…
It wasn’t me: The tax fraud scam
You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k…