Latest Articles

• Businesses ghosting the ATO targeted in debt collection blitz
  Clients failing to engage must “act now” or face rapid escalation of enforcement action, the Tax Office has warned agents.
• Claiming the tax-free threshold: getting it right
  If you’re an Australian resident for tax purposes, you don’t have to pay income tax on the first $18,200 you earn each year, from any source. This is called the “tax-free threshold”.
• Aussies tired of ‘dodgy tax criminals’, warns ATO
  The Tax Office has revealed that 250,000 tip-offs have been received about tax avoidance and dishonest behaviours since July 2019.
• Protect your small business by following these essential steps.
  Cyber security is everyone’s business. With cyber threats becoming more frequent and complex now is the time to make sure your business is secure.
• Super guarantee a focus area for ATO business debt collection
  The ATO has recently confirmed some key focus areas of business debt collection – including debts relating to superannuation guarantee (SG), pay as you go (PAYG) withholding and GST.
• Controversial ‘Airbnb tax’ set to become law
  A levy on short-stay accommodation bookings will apply from next year after being passed by the Victorian parliament.
• Withholding for foreign residents: an ATO focus area
  The ATO is currently focusing on ensuring that taxpayers are aware of their obligations regarding treatment of withholding amounts and amount paid to foreign residents.
• 1 in 3 crypto owners confused about tax, study reveals
  Australian cryptocurrency owners need to be aware of their profits and whether they incur tax, experts have warned.
• 20 Years of Silicon Valley Trends: 2004 - 2024 Insights
  Check out the 20 years of Silicon Valley Trends
• ATO reveals common rental property errors from data-matching program
  Recent results from the data-matching program identified issues around the reporting of rental income and claims for capital works and depreciating assets. 
• New SMSF expense rules: what you need to know
  If you manage a self-managed superannuation fund (SMSF), recent changes to tax rules for certain fund expenses may affect you and the fund.
• Government releases details on luxury car tax changes
  The draft legislation aims to modernise the luxury car tax by tightening the definition of a fuel-efficient vehicle and adjusting the indexation rate.
• Treasurer unveils design details for payday super
  The government has released further details about the design of its payday super policy including an updated super guarantee charge framework. 
• 6 steps to create a mentally healthy and vibrant workplace
  It’s estimated we spend a third of our life at work. It may even be more if you run your own small business. From working overtime during the week to catching up on paperwork on the weekend, having enough time to get everything done is a challenge for most small businesses.
• What are the government’s intentions with negative gearing?
  Both the Treasurer and the Prime Minister have confirmed that Treasury is exploring changes to the contentious policy.