The ATO has made changes to the way you can claim deductions for this. Effective for FY2023, two of the three previous methods - the shortcut method ($0.80 per hour) and the old fixed rate method ($0.52 per hour) - are no longer available

You’re a sole trader with an ABN, working for a construction company or two. You have an online business creating social media marketing content.

The government has introduced a new bill to remove Fringe Benefits Tax on eligible electric vehicles (EV). If this becomes law, it will apply retrospectively from 1 July 2022.

Unlike the incredibly influential and well regarded JobKeeper program, the Federal government’s JobMaker program has not been given its justified lime-light and has been nearly forgotten by businesses.