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FBT and workplace celebrations: what employers need to know
Yes, staff parties, gifts and celebrations can trigger Fringe Benefits Tax (FBT). However, many common workplace celebrations are FBT-free if they meet the ATO’s minor benefit and on-premises rules. Why the ATO cares about staff celebrations Each year, the ATO reminds...
FBT and workplace celebrations: what employers need to know
Yes, staff parties, gifts and celebrations can trigger Fringe Benefits Tax (FBT). However, many common workplace celebrations are FBT-free if they meet the ATO’s minor benefit and on-premises rules. Why the ATO cares about staff celebrations Each year, the ATO reminds...
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Application of the leisure facility rules to holiday homes (ATO PCG 2025/D7)
If you own a holiday home, the ATO may deny your rental deductions under section 26-50 if personal use outweighs genuine income-producing use. The ATO now applies a clear risk-based framework to decide when this rule applies. Why this matters for holiday home owners...
Know the rules before you break them: why SMSF education matters more than ever
SMSF trustees are personally responsible for complying with complex superannuation laws. Without proper education, it’s easy to breach the rules, attract ATO action, and damage your retirement savings. Running or thinking about setting up a self-managed super fund...
ATO interest charges are no longer deductible – what you can do
From 1 July 2025, ATO interest charges (GIC and SIC) are no longer tax-deductible. If you carry tax debt, leaving it with the ATO is now significantly more expensive. Leaving tax debts with the ATO used to be painful, but at least the interest was deductible. That...
What You Can’t Claim on Your Tax Return: ATO Cracks Down Ahead of 2025 Tax Season
If you’re thinking about claiming an air fryer, luxury clothing, or swimwear on your tax return, think again. The ATO is warning taxpayers to stay within the rules this year. With the 2025 tax season approaching, the Australian Taxation Office (ATO) is reminding...
Labor’s Victory: What It Means for Taxpayers, Small Business and Super
Labor’s election win means changes are coming for your tax, super, and household budget. Here's what you need to know to prepare – and what’s still on the table. What tax cuts are coming for individuals? The Federal Budget has locked in personal income tax cuts from 1...
Make Your Super Work Harder: Unlock an Extra $100k Tax-Free in 2025
Retirement shouldn’t feel like a guessing game. If you’re counting every dollar that will fund those long-planned adventures, or simply safeguard your lifestyle, the upcoming lift in the tax-free super cap could be the edge you’ve been waiting for. Here’s how to seize...
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FBT 2025: What You Need to Know
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What the 2025 RBA Rate Cut Means for You
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