The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self...

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

In 2023, the Australian National Audit Office advised the ATO that excluding debt from being offset was inconsistent with the law, regardles

The revised stage 3 tax cuts have passed Parliament and will come into effect on 1 July 2024. Before the new tax rates come into effect,...

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

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 can survive...

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. Keep...

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...

Uncertainty has reigned over the last few years, but can we expect more consistency as we head into 2024? We explore some of the key...

Legislation enabling an extra 15% tax on earnings on super balances above $3m is before Parliament. While not a concern for the average...

Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure...

What happens when a trust appoints income to a private company beneficiary but does not actually make the payment? The tax treatment of...