Legislation increasing the instant asset write-off threshold from $1,000 to $20,000 for the 2024 income year passed in Parliament.

As you would be aware (at least we hope so after a $40m public education campaign), the personal income tax cuts came into effect on 1 July

The end of the financial year is fast approaching. We outline the areas at risk of increased ATO scrutiny.

The ATO has warned that it is looking closely at how trusts distribute income and to who.

We outline the areas at risk of increased ATO scrutiny and the opportunities to maximise your deductions.

The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to...

The 2024-25 Federal Budget is the third for the Albanese Government and consistent with previous years, the primary themes are expected...

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

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,...

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