ATO small business focus areas and superannuation changes This month, the ATO published details of its current small business focus areas, including poor compliance, cash income and payments, the property and construction industry, and the private use of business assets. Bills have also been introduced to implement the new Division 296 tax. This reduces the […]
March 2026 Essential Tax Summary Read More »
Self-managed superannuation funds, or SMSFs, can offer a great deal of flexibility. They allow members to make investments and enter into arrangements that may not be available through retail or industry super funds. That flexibility also comes with serious responsibilities. SMSF trustees need to make sure the fund’s decisions and transactions comply with superannuation law.
Keeping Your Self-Managed Super Fund Compliant Read More »
The ATO has issued Draft Taxation Determination TD 2026/D1, which looks at how inherited family homes are treated for capital gains tax (CGT) purposes. Some commentators have described it as a “death tax by stealth”, although the issue is more nuanced than that. The draft guidance focuses on one specific part of the rules for
ATO Update on Inherited Homes: What it Means for Your Family’s Wealth? Read More »
As a business owner or investor, time is tight. It makes sense that people ask AI tools for quick answers on deductions, super contributions, or “best structure” ideas. The responses sound confident, arrive instantly, and feel low-risk. The risk is real. Australia’s tax and super rules are detailed, fact-specific, and change over time. AI can
AI Tax Tips: Helpful Shortcut or Costly Trap? Read More »
Many Australians own a holiday place that’s used two ways, family time during the year, and short-stay rentals (Airbnb, Stayz and similar) to help cover the costs. The Australian Taxation Office has released draft guidance that draws a much sharper line between: The drafts are TR 2025/D1, PCG 2025/D6 and PCG 2025/D7, and they signal
Holiday Homes Under Microscope: What the ATO’s New Guidance Means for You Read More »
Key Tax Due Dates The ATO has published the registered agent lodgment program due dates for February 2026 (last updated 1 July 2025). 21 February 2026 By this date, agents must lodge and pay: 28 February 2026 By this date, agents must meet a range of lodgment and payment obligations, including: Large and medium entities
February 2026 Tax Due Dates Read More »
This month, we take a look at the ATO’s finalised practical compliance guidance on applying the general anti-avoidance rules in Part IVA to companies and trusts that pass the personal services income tests, and the ATO’s compliance approach for the new Payday Super measures for the 2027 income year. The recent Applebee decision examines common
February 2026 Essential Tax Summary Read More »
If you run a business, you already know the juggling act that comes with payroll, paying staff on time, managing cash flow and staying compliant. From 1 July 2026, a major change is coming that will reshape how you handle superannuation contributions for your staff. It is called Payday Super, and it became law in
Super on Payday: Fundamental Changes for Employers Read More »
ATO guidance on rental deductions, plug-in hybrids and reminders for end-of-year celebrations. The ATO has issued a draft tax ruling and some practical compliance guidelines dealing with rental property income and deductions for individuals. As well as refreshing and modernising some existing guidance, the new materials suggest that the ATO is seeking to apply a
December 2025 Essential Tax Summary Read More »
If you have invested in further study, whether that is an MBA, a leadership course or a postgraduate qualification, you might be wondering if it can help at tax time. For many professionals, the answer can be yes if the right conditions are met. The ATO’s rules on self-education expenses are strict, and the line
Unlocking Tax Savings: Can Your MBA (or Other Studies) Pay Off at Tax Time? Read More »
Administration Officer
With her kind, caring and approachable nature, Reshika never fails to provide a positive, welcoming experience for our clients, assisting them as they walk in our door or call our office. She understands the power of customer service and is always willing to lend a hand.
With her fun and relaxed personality, Reshika is incredibly creative, especially when it comes to finding solutions for evolving challenges, from financial matters to marketing requirements and beyond. Holding a Masters of Business Administration with a major in Marketing and significant experience in the banking industry, Reshika has a unique combination of skills which makes her a real asset to Fortis.
Reshika is motivated to reach new heights, take risks and develop her career by working alongside Bernadette, our Client Administration Manager, and having the opportunity to learn new things such as new platforms and procedures.
Reshika is passionate about fitness and does not miss an opportunity to take advantage of the gym. Despite Reshika’s relaxed personality it all goes out the door when card or board games are involved!
