Cash is making a comeback – is your business ready to take it?
For years, businesses have been moving away from cash – and for good reason. Digital payments are quick, traceable, and cut down on the risk…
Details
Category: Individuals
Proposed Extension of the Instant Asset Write-Off and Other Tax Measures
A new Bill before Parliament – the Treasury Laws Amendment (Strengthening Financial Systemsand Other Measures) Bill 2025 – proposes several key changes that could affect…
Trust Resolutions – Why Timing and Evidence Matter
A recent decision of the Administrative Review Tribunal (Goldenville Family Trust v Commissioner of Taxation [2025]) highlights the importance of documentation and evidence when it…
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…
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…
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…
What’s ahead for FY 2024-25?
Will 2024-25 be another year of volatility or a return to stability? Here’s what you can expect in the new financial year as a business…