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: Superannuation
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’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…
Warning on SMSF Asset Valuations
The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self-managed superannuation funds…
Workers owed $3.6bn in super guarantee
Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure the Government and the regulators…
The Billion Dollar TikTok Scandal
$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators and over 100 arrests to date. How did…