A friend’s accountant suggested that they could reduce interest on non-deductible debt by using company cash to offset their personal...

The Government has announced that it will enshrine a right to superannuation payments in the National Employment Standards (NES)....

Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) has released new...

Earn-out clauses for the sale of a business are increasingly common. We look at the positives and negatives that every business owner...

From 1 July 2023, a new reporting regime will require platforms that enable taxi services including ride sourcing, and short-term...

When you start up a business, inevitably, it consumes not just a lot of time but a lot of cash and much of this is money you have already...

In a very quick turnaround from announcement to draft legislation, Treasury has released the exposure draft legislation for consultation...

The 2023-24 Federal Budget will be released on Tuesday, 9 May 2023. Look out for our update the next day on the important issues to you,...

The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’...

A consultation paper released by Treasury has sparked a national debate about the role, purpose and access to superannuation ahead of the...

Taxpayers claiming deductions on holiday homes are in the ATO’s sights. The ATO is more than a little concerned that people with holiday...

The general transfer balance cap (TBC) – the amount of money you can potentially hold in a tax-free retirement account, will increase by...