ATO continues to target Lifestyle Assets

The Australian Taxation Office (ATO) has announced that its data-matching program for lifestyle assets information [...]

Keeping your tax and expenses in check when you are self-employed

Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of [...]

Increased amendment period for small and medium businesses

Treasury has released exposure draft legislation on a May 2023 Federal Budget measure to extend [...]

Are you meeting your SMSF governance requirements?

Opting for a self-managed superannuation fund (SMSF) may give you more control over your investment [...]

Changes to Capital Gains Withholding tax

Changes to foreign resident capital gains withholding tax rate and threshold. The withholding tax rate [...]

Tax and compliance changes in effect from 1 July 2024

We provide you a summary of all the enacted legislation that comes into effect from [...]

Instant asset write-off extended for small businesses

New legislation currently before the Australian Senate will amend the transitional provisions of the tax [...]

Increased flexibility for Carer payment recipients

A 2024 Federal Budget announcement will allow greater flexibility for you if you are receiving [...]

The Commissioner gains power to not apply refunds against old tax debts

Months after the Australian Taxation Office (ATO) apologised for the distress caused by the letter [...]

Energy bill rebate coming for individuals and small businesses

The 2024 Federal Budget, which was released with a main focus on cost-of-living measures (among [...]