PAYG Instalments In A Nutshell
ATO PAYG Instalments Whether you run your own business or earn investment income, planning ahead for your income tax is important to help you keep a healthy cash […]
News
Small Business….nothing but changes ahead
Changes have now started for small business and their employees. What was initially implemented for medium to large business, are now law for small business. So what’s changed? […]
Help for Students
The Australian Government’s Universities Accord Bill 2025 has been passed in Parliament. This legislation reduces HELP or student loan debts by 20% and make HELP and Student loan […]
The Hit List – 2025
The top 10 individual deduction areas that ATO is targeting this financial year. 1. Work-Related Expenses (Especially Working-From-Home) The ATO is concentrating heavily on inflated or unsupported […]
How To Stay “Scam Safe”
Our top tips to keep your personal information safe are: Don’t give out your personal information to anyone unless you trust the person and they genuinely require your […]
Say goodbye to the instant asset write off
From Tuesday, 1 July 2025, the government will be making significant changes to the instant asset write-off scheme for small businesses. Instant Asset Write-Off Threshold Reduced The instant […]
July 1 changes your business should know
As the new financial year approaches, it’s time to prepare and consider the following upcoming tax changes that will come into play as of 1 July 2025. Payroll […]
No longer buyer beware!
Thinking of selling your property? Are you aware of the new changes taking place from 1 August 2025? Up until now, Queensland has operated under a “buyer beware” […]
ATO’s 2025 SMSF Auditor Compliance Focus
With the SMSF population growing, the ATO has issued guidance on what it will focus on regarding auditor compliance for 2025. They emphasised the critical role that SMSF […]
Tax time warning from the ATO
The Australian Taxation Office (ATO) is warning Australians to stop claiming private expenses as work related on their tax returns. In 2024 more than 10 million people claimed […]