Update: Crypto assets are now specifically excluded from foreign currency
Crypto assets are now specifically excluded from being foreign currency for income tax purposes.
Jul
Claiming your bonus deduction for technology investment this year
The small business technology investment boost is wrapping up on 30 June 2023. As it [...]
Jun
Training your staff? You could get a 20% bonus deduction.
Small businesses will get a bonus tax deduction on top of the allowable deduction for [...]
Jun
Small business instant asset write-off to be reintroduced
As part of the 2023–24 Federal Budget, the instant asset write-off has been reintroduced by [...]
May
2023 Federal Budget Highlights
The Federal Treasurer Jim Chalmers handed down the 2023 Federal Budget on 9 May 2023. [...]
May
More information released on the removal of tax concessions for large superannuation balances
The federal government has announced its intention to change tax concessional treatment of very large [...]
Mar
Requesting payment of overdue accounts in an economic slowdown
In an economic downturn, cash must continue flowing through our economy. Continue enforcing your Terms [...]
Jan
Shortening your cash conversion cycle to free up cash
Covid-19 highlighted the importance of managing your cash conversion cycle & reducing how long cash [...]
Jan
October 2022 Federal Budget highlights
The New Federal Government’s Budget was handed down on 25 October by Treasurer Jim Chalmers. [...]
Oct
Tax Special Update
The Government has introduced new measures and released draft legislation on some important tax issues.
Sep