28 May, 2025

The ATO’s updated small business benchmarking tool

The ATO’s updated small business benchmarking tool The ATO has updated its small business benchmarks with the latest data taken from the 2022–23 financial year. These benchmarks cover 100 industries…

19 May, 2025

Property subdivision projects: the tax implications

Property subdivision projects: the tax implications As the urban sprawl continues in most major Australian cities, we are often asked to advise on the tax treatment of subdivision projects. Before…

12 May, 2025

Instant asset write-off threshold finally confirmed

Instant asset write-off threshold finally confirmed It has been a long time coming, but the Government finally passed legislation increasing the instant asset write-off threshold for the year ending 30…

8 May, 2025

Year-end tax planning opportunities & risks

Year-end tax planning opportunities & risks With the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on…

10 Nov, 2024

Avoiding the FBT Christmas Grinch!

It’s that time of year again – what to do for the Christmas party for the team, customers, gifts of appreciation for your favourite accountant (just kidding), etc. Here are…

10 Sep, 2024

Transition to Retirement Pensions

After a lifetime of working, are the green pastures of retirement calling? Perhaps you’re not sure whether you’d like to retire permanently and enjoy doing part-time or casual work? If…

22 Nov, 2023

Online portal for foreign investors coming soon

With the new Register of Foreign Ownership of Australian Assets due to start on 1 July 2023, the ATO is making the transition easier for foreign investors and their advisers by…

3 Nov, 2023

Ride sourcing data matching

Continuing on from the theme of closing the tax gap of individuals for budget repair, the ATO has notified the public of the extension of an existing data-matching program on ride-sourcing.…

18 Oct, 2023

Is your content making you income?

If you start making money from your online content, you will have income to declare. You will also need to consider whether you are in business. If you are, or you…

5 Oct, 2023

ATO Alert: Diverting Profits to SMSFs

The ATO has issued an alert, warning taxpayers against entering arrangements where special purpose vehicles (SPVs) are used to divert profits of property development projects to SMSFs. Specifically, it is…