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...

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

Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax...

Just because an agreement states that a worker is an independent contractor, this does not mean that they are a contractor for tax and...

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

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...