Document Hub
Book a Consultation
LOGIN
Partial release from tax debt on serious hardship grounds
By WSC Group | Created on June 9, 2025
The Administrative Review Tribunal ('ART') held that a taxpayer should be released from payment of part of his tax debt on the grounds of serious hardship.
Increase to rate for working from home running expenses
By WSC Group | Created on May 1, 2025
The ATO's fixed-rate method for calculating additional running expenses while working from home has been updated.
How to manage business day-to-day transactions
By WSC Group | Created on May 1, 2025
The ATO has tips for small business owners that can make their tax life easier.
Truck driver entitled to claim meal expenses
By WSC Group | Created on May 1, 2025
The Administrative Review Tribunal upheld a truck driver's claim for meal expenses, notwithstanding that those expenses had not been fully substantiated.
Keeping not-for-profit records up to date
By WSC Group | Created on May 1, 2025
Important information about record keeping requirements for not-for-profit organizations.
Minimum pension drawdown reminder
By WSC Group | Created on May 1, 2025
Important information about minimum pension payments for SMSF members receiving account-based pensions.
How to avoid common CGT errors
By WSC Group | Created on May 1, 2025
Important information about CGT obligations when selling property, even with a foreign resident capital gains withholding clearance certificate.
Instant asset write-off threshold finally confirmed
By WSC Group | Created on April 25, 2025
The Government finally passed legislation increasing the instant asset write-off threshold for the year ending 30 June 2025 to $20,000.
For your business
By WSC Group | Created on April 25, 2025
Your customer is definitely not going to pay you? If all attempts have failed, the debt can be written off by 30 June to claim a deduction this year.
Year-end tax planning opportunities & risks
By WSC Group | Created on April 25, 2025
With the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny.
Property subdivision projects - the tax implications
By WSC Group | Created on April 25, 2025
Before jumping in and committing to anything, it is important to understand the tax liabilities that might arise from property subdivision projects.
The ATO's updated small business benchmarking tool
By WSC Group | Created on April 25, 2025
The ATO has updated its small business benchmarks with the latest data taken from the 2022–23 financial year.
Threshold for tax-free retirement super increases
By WSC Group | Created on April 4, 2025
The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025.
Personal tax cuts
By WSC Group | Created on April 4, 2025
From 1 July 2026, personal income tax rates will change.
The proposed ban on non-compete clauses
By WSC Group | Created on April 4, 2025
In the 2025-26 Federal Budget the Government announced a ban on non-compete clauses and “no poach” agreements.
