From 1 July 2026, employers will be required to pay their employees' super at the same time as their salary and wages. On 2 May 2023 the Australian Government announced that...

The super guarantee (SG) rate will increase from 11.5% to 12% on 1 July. A reminder to update your payroll systems to align with this change. The new rate will apply to payments...

ATO general interest charges (GIC) incurred from 1 July will no longer be deductible, increasing the cost of carrying a tax debt. Now is a good time to consider paying any...

“Smart Company” and “Not so Smart Company” invited their employees to their respective annual Christmas parties held off business premises.Both used an external event management...

Common errors that the ATO are seeing include: omitting income such as salary or wages earned outside of their business. Including non-monetary payments or payments in kind...

The super guarantee (SG) rate will increase from 10.5% to 11% on 1 July. A reminder to update your payroll systems to align with this change. The new rate will apply to payments...

The new Director Identification Number regime (DINs or Director IDs) commenced on 1st November 2021. All directors are required to apply for a DIN and should have registered for...

The ATO has identified a significant number of GST refund fraud attempts The attempted fraud involves: Inventing a fake business Submitting fictitious business activity...

Have you ever worked in your own business not getting paid or done a number of unpaid hours on your rental property and then thought “I might claim my labour as an expense for...

The Government announced on 7 February 2022 that they will ensure COVID-19 tests ARE tax deductible for individuals and businesses when they are purchased for work-related...

It is often asked; “if I have business signwriting put onto my motor vehicle, does this mean I can claim a tax deduction for all of my vehicle costs?” Wouldn’t that be nice, if...

The following information is in relation to Covid Leave that looks at the Fair Work rulings. Please check with your particular Award in case there are unique provisions....

The Australian Taxation Office (ATO) is concerned that many taxpayers believe their cryptocurrency gains are tax free or only taxable when the holdings are cashed back into...

If you received foreign income and didn’t report it in your tax return, now is the time to review your return and make a correction. By matching foreign bank account data against...

The ATO has issued a reminder to gig workers and anyone making money from a side hustle that all income must be declared. A rise in secondary work as the gig economy has gained...