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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...
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...
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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...
The Super Guarantee Rules Catching Venues and Gym Owners by Surprise
If you're a business owner, the last thing you want is unexpected financial obligations sneaking up on you, especially those tied to superannuation. Recent developments have highlighted that venues, gyms, and many other businesses may unknowingly be exposed to...
Maximise Your Savings: Upcoming Personal Tax Cuts Explained
Imagine keeping more of your hard-earned money in your pocket each year. Exciting news for Australian taxpayers: from 1 July 2026, you'll see welcome changes to personal income tax rates. The latest parliamentary session confirmed the personal income tax rate...
FBT 2025: What You Need to Know
The Fringe Benefits Tax (FBT) year wraps up on 31 March, and there are some key updates employers and employees need to be across. Here’s a breakdown of what’s changing and what to watch out for. FBT Exemption for Electric Cars If you’re providing an electric vehicle...
What the 2025 RBA Rate Cut Means for You
It’s been 15 months since the Reserve Bank of Australia (RBA) changed interest rates, but now, finally, we are getting some changes. This month’s Reserve Bank interest rate cut shows that the economy is moving into a new phase and it will have a big impact on home...
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Unlock More Tax-Free Super for Your Retirement
Planning for retirement is one of the most significant financial steps you'll take in life. After all your hard work, you deserve to enjoy your retirement with as much financial freedom as possible. Here's some good news that could put more tax-free money in your...
Will Your Loved Ones Struggle to Access Your Super When You Die
Losing someone you love is hard enough. The last thing your family needs is the added stress of delays and complications when trying to access your superannuation. Unfortunately, this is a reality for many Australians. That's why the Australian Government is moving to...
Protect Your Business from Costly Division 7A Mistakes
Are you worried about making a costly mistake with your company finances? You’re not alone. The ATO has noticed a lot of confusion when it comes to Division 7A of the Income Tax Assessment Act 1936. Getting it wrong can lead to unexpected tax bills, audits, and stress...
What’s Ahead for 2025?
The past few years have brought plenty of uncertainty, but 2025 offers the hope of greater stability - though there are no guarantees. Here’s a look at the key changes and challenges shaping the year ahead. A Federal Election is Looming Prepare for political...