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What did I miss? The revised Stage 3 tax cuts have passed Parliament and will come into effect on 1 July 2024. While some games

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention.  Electric vehicles causing sparks

It’s not uncommon for business owners to pour their money into a business to get it up and running and to sustain it until it

The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government.

A recent case before the Administrative Appeals Tribunal (AAT) highlights the importance of ensuring that the evidence supports the tax position you are taking. The

21 February Lodge and pay December 2023 monthly business activity statement for business clients with up to $10 million turnover who report GST monthly and

What did I miss? As many suspected, the legislated Stage 3 tax cuts will be redesigned under a proposal announced by the Government. However, likely

Don’t want to pay tax on Christmas? Here are our top tips to avoid giving the Australian Tax Office a bonus this festive season. 1.

A decision by the Administrative Appeals Tribunal has the tax world in a flurry after the Tribunal found in favour of a taxpayer who sold

What did I miss? This month, the controversial decision in the Bowerman case where a taxpayer successfully argued that she should be entitled to claim

Key lodgment and payment dates for business for December. 1 December Pay income tax for taxable large and medium taxpayers, companies and super funds. Lodgment

The ATO estimates that incorrect reporting of rental property income and expenses is costing around $1 billion each year in forgone tax revenue. A big