Blog tagged as ATO Rules

Aiming to provide better retirement outcomes for employees, from 1 July 2026, employers will be required to pay their employees super at the same time as their salary and wages.

A Bill introduced in parliament is proposing changes that will reduce Higher Education Loan Program (HELP) and other student debts that were incurred on or before 1 June 2025.

The new financial year has begun, which means it is now time to wrap up the 2024-25 financial year, here is a list of changes and rates that you will need to be aware of for your business in preparation for the 2024-25 tax return.

The ATO has released a draft guidance as an update on calculating home charging expenses to include plug-in hybrid vehicles (PHEV).

If you’re incurring expenses as part of your job or self-employment, you can claim some of these expenses back and lower your overall income tax bill.

The ATO has released new guidance around the application of Div 7A for guarantees and securities provided by interposed entities for third party loans.

Stay on top of your compliance deadlines to avoid costly penalties and interest. This essential timetable outlines key dates, obligations, and fees for Pty Ltd companies — helping you keep your business running smoothly and penalty-free.

Own an investment property? The ATO is undertaking a data-matching program with property management software providers to check if reporting obligations are being met.

Did you know the ATO has a small business portal with heaps of handy advice on managing your business taxes? We’ve highlighted six of the most popular courses.

Own a luxury boat? Do you buy and sell fine art? The ATO is collecting this information through insurance policies to ensure you are meeting your tax obligations.

Personal services businesses must remain aware of other tax obligations, such as steering clear of tax avoidance schemes. Find out what this means for you.

The ATO has published a list of common errors found in rental property schedules. Ensure that you are not double dipping or you may need to lodge an amendment.

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.

Investors in build-to-rent developments may benefit from an increase to the capital works deduction, in an effort to encourage investment and development in the build-to-rent sector.

Did you know the ATO has a small business portal with heaps of handy advice on managing your business taxes? We’ve highlighted six of the most popular courses.

The ATO has released a tax ruling intended to provide guidance as to how the Commissioner will apply the residency tests (s 6(1) ITAA 1936) for individuals under a modernised approach.

Operators of sharing economy platforms now required to report transactions to the ATO from 1 July 2023. If you operate in these platforms, such as ride share or short-term accommodation, make sure this information comes to us for your tax return.

Payday super is due to begin in July 2026. Is your payroll process ready? We’ve outlined the key requirements and how payday super could impact your small business.

Tax deduction for ATO interest charged in relation to overdue tax debts and shortfall tax will no longer be deductible from 1 July 2025.

The newly re-elected Albanese Labor Government aims to simplify claiming work-related tax deductions and provide cost-of-living relief by introducing a $1,000 instant tax deduction from 2026-27 income year.