Taxpayers with HELP student loans set to receive indexation credits

Roughly 3 million eligible Australians will have their Higher Education Loan Program (HELP debt) and [...]

Foreign resident CGT regime – integrity changes to be adopted

Announced in the 2024 Federal Budget as an integrity measure, are changes to the foreign [...]

Instant asset write-off extended for small business

As part of the 2024 Federal Budget, the Federal government has announced a one year [...]

2024–25 Federal Budget Highlights

The Federal Treasurer, Dr Jim Chalmers, handed down the 2024–25 Federal Budget at 7:30 pm [...]

‘Tis the season… a Christmas carol for you

On the 12th day of Xmas my accountant gave to me: 12 reports, 11 actions, [...]

Common tax deductions for small business

This year more than ever it’s important to get your records and tax return correct [...]

Image rights to be taxed in individual returns only

An ATO tax determination has clarified that earnings from an individual's "image rights" or "fame" [...]

Modernising individual tax residency framework – ATO’s new guidance

The ATO has released a tax ruling intended to provide guidance as to how the [...]

Small business energy incentive

Businesses with an aggregated turnover of less than $50 million will be entitled to a [...]