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…
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Category: Tax
The Essential June 30 Guide
The end of the financial year is fast approaching. Here are the areas at risk of increased ATO scrutiny and the opportunities to maximise your…
Company Money Crackdown
The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to utilise company…
The Fringe Benefit Tax Traps
The Fringe Benefits Tax year (FBT) ends on 31 March. These are the problem areas likely to attract the ATO’s attention. Electric vehicles causing…
The Re-Designed Stage 3 Personal Income Tax Cuts
Your explainer on the planned FY2024 Stage 3 tax cuts, and what they mean for you. The personal income tax cuts legislated to commence on…
The Christmas Tax Dilemma
Don’t want to pay tax on Christmas? Here are our top tips to avoid giving the Australian Tax Office a bonus this festive season. Keep…
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…
NSW Small Business Support Package
The NSW Government has announced a $1bn support package for struggling NSW small businesses. Acknowledging the difficulty that business operators have faced, the NSW Treasurer…
Director ID Regime
All directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation will need a director ID. This includes…