The Australian Tax Office has issued a warning regarding dodgy websites sharing false information about changes to the superannuation preservation rules and withdrawal rules, supposedly starting from 01 June 2025. …
There’s a well-known maxim in the markets – "Sell the rumour, buy the fact" – a belief that market expectations can often be worse than reality. However, in the case of last week's US tariff announcement, the outcome was much more s …
With the Fringe Benefits Tax (FBT) year ending on 31 March, it's important for business owners to be aware of the Australian Tax Office's hot spots for employers and employees. …
While income tax and company tax seem to be front of mind for most businesses, Fringe Benefits Tax (FBT) is also applicable when employers provide certain benefits to their employees or associates of employees (usually family member …
The Australian Taxation Office (ATO) has earmarked 2025 as the year for businesses to get their tax and superannuation debts back on track. From 01 July 2025, the cost of tax debt for businesses will increase significantly …
The Australian Tax Office (ATO) introduced changes to the Foreign Resident Capital Gains Withholding (FRCGW) rules on 01 January 2025 that will affect all Australian residents selling property. …
The past few years have been a rollercoaster ride of instability; with the COVID-19 pandemic, interest rate rises, limited housing affordability and availability, cost-of-living pressures and more. There's no guarantee, but we're al …
As the festive season approaches and holiday trading ramps up, small business employers may be considering hiring new staff to help with the likely increase in sales activity. When taking on new staff, business owners should keep in …
Quite often as tax agents, our role is to liaise with the Australian Tax Office on behalf of our clients to apply for General Interest Charge (GIC) penalties to be reduced or waived, and to arrange payment plans for tax liabilities …
If you're planning a work Christmas party or handing out gifts and staff bonuses, there’s a tax for that - Fringe Benefits Tax - and if you aren’t careful you could get a surprise call from the Australian Tax Office. …