News

The Treasurer is promising that inflation will decline by 0.75% as a direct result of the 2024-25 Federal Budget initiatives including energy relief for all

What did I miss?   This month, self-education deductions denied by the AAT for a dental technician studying to be a registered dentist and the

It’s important that generational succession is managed as closely and diligently as if you were selling your business to a stranger to avoid misunderstandings and

The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst.   The average price of a home in

For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what

The ATO has signalled that it is willing to pursue professional services firms who  divert profits to avoid tax.   Two new cases before the Administrative

From 1 July 2024, the amount you can contribute to super will increase. We show you how to take advantage of the change.   The

21 April Lodge and pay quarter 3, 2023–24 PAYG instalment activity statement for head companies of consolidated groups. Lodge and pay March 2023 monthly business

What did I miss? The ATO wields Part IVA against professional practices distribute profits in two new cases before the AAT. Professional practices have been

21 March Lodge and pay February 2024 monthly business activity statement. 31 March Lodge tax return for companies and super funds with total income of

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