Own an investment property or an expensive lifestyle asset like a boat or aircraft?

You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k.

ASIC’s annual insolvency data shows corporate business failure is up 39% compared to last financial year. The industries with the highest...

The Government has amended the legislation guiding registered tax practitioners to include compulsory reporting of material uncorrected...

Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be...

The Tax Commissioner has successfully argued that more than $1.6m deposited in a couple’s bank account was assessable income, not a gift...

It’s essential that any income earned from sharing economy platforms such as Airbnb, Stayz, Uber, etc., is declared in your tax return.

The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving ta

Legislation increasing the instant asset write-off threshold from $1,000 to $20,000 for the 2024 income year passed in Parliament.

As you would be aware (at least we hope so after a $40m public education campaign), the personal income tax cuts came into effect on 1 July

The end of the financial year is fast approaching. We outline the areas at risk of increased ATO scrutiny.

The ATO has warned that it is looking closely at how trusts distribute income and to who.