Tax

21 May, 2024
Tax amp; The Federal Budget

Tax & The Federal Budget

The Federal Budget dropped last week (14 May), with several key updates involving current measures, rebates and confirmation of the stage 3 tax cuts. Energy Bill […]
25 March, 2024
Compliance in the WFH Landscape Know The Right Method You Can Use To Claim Expenses

Compliance in the WFH Landscape: Know The Right Method You Can Use To Claim Expenses

Ensure you’re up to date on how to claim your working-from-home expenses! As the business landscape shifts back and forth between office, hybrid and home-based work […]
21 March, 2024
What Counts As A Valid Self Education Claim

What Counts As A Valid Self-Education Claim?

As the tax season draws near, individuals seeking to claim self-education expenses must navigate the pitfalls highlighted by the Australian Taxation Office (ATO). While pursuing knowledge […]
4 March, 2024

7 FBT Considerations Your Business Should Bear In Mind This Season

For businesses operating in Australia, navigating the intricacies of the Fringe Benefits Tax (FBT) is essential to ensure compliance with tax regulations and minimise financial liabilities. […]
27 February, 2024
What You Need To Keep Records Wise For Cryptocurrency

What You Need To Keep Records-Wise For Cryptocurrency

In the ever-evolving landscape of cryptocurrency, where digital assets can fluctuate in value within moments, keeping meticulous records is not just a good practice but a […]
12 February, 2024
Navigating Tax Reporting in the Sharing Economy

Navigating Tax Reporting in the Sharing Economy

The Sharing Economy Reporting Regime (SERR) represents a significant development in Australia’s tax landscape, requiring certain businesses operating in the sharing economy to report specific transactions […]
6 February, 2024
Land Tax – Why An Understanding Of This Facet Of Tax Could Help With Your Yearly Tax Planning

Land Tax – Why An Understanding Of This Facet Of Tax Could Help With Your Yearly Tax Planning

Australia’s land tax is a vital component of the nation’s taxation system, playing a pivotal role in revenue generation for state and territory governments. Understanding the […]
22 January, 2024
Navigating Challenging Times – Understanding NANE Income Versus Assessable Income

Navigating Challenging Times – Understanding NANE Income Versus Assessable Income

The recent spate of extreme weather events during the summer in various parts of Australia has presented unprecedented challenges for small businesses. As a result, the […]
19 December, 2023
New Rules For Off Market Share Buy Backs Now Law

New Rules For Off-Market Share Buy-Backs Now Law

In a move to streamline and align the tax treatment of off-market share buy-backs, the 2023 October Budget introduced changes that have now become law (as […]