We outline the areas at risk of increased ATO scrutiny and the opportunities to maximise your deductions.

The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to...

The 2024-25 Federal Budget is the third for the Albanese Government and consistent with previous years, the primary themes are expected...

The ATO has signalled that it is willing to pursue professional services firms who divert profits to avoid tax. Two new cases before the...

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention. Electric...

In 2023, the Australian National Audit Office advised the ATO that excluding debt from being offset was inconsistent with the law, regardles

The revised stage 3 tax cuts have passed Parliament and will come into effect on 1 July 2024. Before the new tax rates come into effect,...

The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the...

Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax...

A recent case before the Administrative Appeals Tribunal (AAT) highlights the importance of ensuring that the evidence supports the tax...

Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure...

What happens when a trust appoints income to a private company beneficiary but does not actually make the payment? The tax treatment of...