Blog categorized as News Alerts

Announced in the 2024 Federal Budget as an integrity measure, are changes to the foreign resident CGT regime that will ensure foreign residents pay their fair share of tax.

The Energy Bill Relief Fund takes effect from 1 July 2025. Find out the eligibility criteria for your small business and how large your rebate might be.

It could become mandatory for Aussie businesses to accept cash payment for some essential items. What would the impact be for your business?

If you’re fed up with paying surcharges on your customers’ debit card payments, there’s good news. The Government is proposing banning these surcharges from January 2026.

In an initiative to promote women’s economic equality, the government has introduced legislation to pay super on paid parental leave (PPL) from 1 July 2025.

The Government has just announced increased tax relief for alcohol manufacturers, as of July 2026. We’ve summarized what this extended relief means for your brewery or wine company.

The ATO will have additional time to notify a taxpayer if it intends to retain a business activity statement refund for further investigation.

From 1 July 2025, the minimum wage for Australian workers increases by 3.5%. We explain the numbers behind the increase and the potential impact for your small business.

The ATO is providing additional support for new small businesses to ensure they understand and comply with their tax, superannuation and registry obligations

If you are reflecting on where you are at and thinking about your business goals for the financial year ahead, we can help you establish measurable goals for your business.

In an initiative to promote women’s economic equality, the Labor government has announced plans to pay superannuation on paid parental leave (PPL) for government-funded payments from 1 July 2025.

Tax time 2024 is fast approaching and with many individuals still working from home partially or completely, this quick guide can assist you with completing the calculations for claiming the deduction.

As per amended legislation, from 1 April 2024, the Commissioner will allow utilising adequate alternative records holding all the prescribed information, instead of statutory evidentiary documents for FBT record keeping purposes.

The Labor Government has announced changes to personal tax rates that will provide a tax cut for every Australian taxpayer commencing from 1 July 2024.

The Federal Government announced in the 2023–24 Mid-Year Economic and Fiscal Outlook (MYEFO) that amendments will be introduced to deny deductions for ATO interest charges, incurred on or after 1 July 2025.

The Productivity Commission released a draft report reviewing philanthropic giving in Australia and recommending various reforms

The ATO has released 2 taxpayer alerts flagging incorrect R&D tax offset claims where expenditure is incurred by associated entities or activities are conducted overseas for foreign related entities.

Updated ATO guidance means you need to understand whether your contract for services are to an employee or an independent contractor. Getting it right can save you significant hassles and penalties.

The federal government has tabled draft legislation to change tax concessional treatment of very large super account balances from 1 July 2025. Individuals with over $3 million in super will be affected.

The ATO has finalised determinations under s 396-55(b)(2) and s 396-70(4) of the Tax Administration Act 1935 on reporting exemptions and exclusions for sharing economy platform operators.