The Government has announced a temporary ban on investors buying established homes between 1 April 2025 to 31 March 2027.

Read More

In a recent decision, the Administrative Review Tribunal ('ART') rejected a taxpayer's claim for input tax credits on the basis that all the relevant GST returns (i.e., BASs) were lodged out of time.

Read More

Taxpayers who employ staff should remember the following important dates and obligations.

Read More

The Full Federal Court recently dismissed the ATO's appeal against an AAT decision that unpaid present entitlements ('UPEs') owing by a trust to a corporate beneficiary were not 'loans' for Division 7A purposes.

Read More

As the Not-for-profit ('NFP') self-review return is due in March, the ATO has recently published a document 'busting' various NFP 'myths'.

Read More

Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We look at what tariffs really mean.

Read More

Division 7A of the tax legislation is intended to prevent profits or assets being provided to shareholders or their associates tax free.

Read More

The Government recently passed legislation making changes to the foreign resident capital gains withholding laws (among other changes).

Read More

The indexation rate for study and training loans is now based on the Consumer Price Index ('CPI') or Wage Price Index — whichever is lower.

Read More

A joint investigation involving the ATO found that, between 2014 and 2017, a Sydney business coach promoted unlawful tax schemes encouraging clients to lodge over-inflated, inaccurate or unsubstantiated research and development ('R&D') tax incentive claims.

Read More

The ATO will acquire rental bond data from State and Territory rental bond regulators bi-annually for the 2024 to 2026 income years, including details of the landlord and tenant, managing agent identification details, and rental bond transaction details.

Read More

All trustees of SMSFs with assets (including super contributions or any other investments) as at 30 June 2024 need to lodge an SMSF annual return ('SAR') for the 2023/24 financial year.

Read More

Editor: The ATO has recently published a document 'debunking' various Division 7A 'myths'.

Read More

The Government has announced a transition plan to phase out the use of cheques. Under the plan, cheques will stop being issued by 30 June 2028 and stop being accepted on 30 September 2029.

Read More

The Federal Court has denied a sports company’s appeal to claim research & development incentives for the creation of an Australian signature basketball shoe.

Read More

The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty. We explore some of the key changes and challenges.

Read More

Can you avoid giving the Australian Tax Office a gift this Christmas?

Read More

Taxpayers may be considering whether they should make a family trust election ('FTE') for a trust, or an interposed entity election ('IEE') for a trust or other entity.

Read More

Year-end (and other) staff parties

Read More

While the ATO knows most small businesses try to report correctly, it understands that mistakes can happen.

Read More

With the holiday season coming up, employers may be planning to celebrate with their employees.

Read More

In a recent decision, the AAT rejected in full a taxpayer's claims for 'several classes or categories of deductions.'

Read More

Employers are reminded that employee superannuation contributions for the quarter ending 31 December 2024 must be received by the relevant super funds by 28 January 2025.

Read More

There are very limited circumstances where taxpayers can legally access their super early, and the ATO is reminding taxpayers that 'paying bills and buying Christmas presents doesn't make the list.'

Read More

The Fair Work Commission has determined that a Philippines based “independent contractor” was an employee unfairly dismissed by her Australian employer.

Read More

The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility.

Read More

Australian voters tend to reject US style education favouring more egalitarian systems where income does not determine access.

Read More

The ATO has been responsible for the administration of the early release of superannuation on compassionate grounds since 1 July 2018.

Read More

The ATO is reminding taxpayers that it is important to lodge BASs and pay in full and on time to avoid penalties and interest charges

Read More

The ATO will acquire government payments data from government entities which administer government programs for the 2024 to 2026 income years

Read More