Taking care of data regulation and ticking the right compliance boxes
Your business faces an increasingly complex regulatory landscape when it comes to data privacy, consumer protection and industry-specific…
Salary sacrifice super strategies and concessional caps – case law
A recent case has highlighted that early payment of superannuation leading to excess concessional contributions may not be…
5 common accounting mistakes for a business owner (and how to avoid them)
Starting a business can be a challenging experience, especially when it comes to managing your numbers and staying…
ATO has power to not apply refunds against old tax debts
Months after the Australian Taxation Office (ATO) apologised for the distress caused by the letter campaign that involved…
Changes to Car & Working From Home Deductions for 30 June 2024
As the end of the tax year is fast approaching, this blog runs through some important tax changes…
Changes to Australian Apprenticeship Incentive Scheme Payment
An announcement from the 2024–25 Federal Budget will provide an increase in payments that were otherwise going to…
Taxpayers with HELP student loans to receive indexation credits
Roughly 3 million eligible Australians will have their Higher Education Loan Program (HELP debt) and other student loans…
Super Guarantee Rate Rises in July 2024 to 11.5%
On 1 July 2024, the superannuation guarantee statutory rate will rise from 11% to 11.50%. Annually, the rate…
Labour costs for capital assets – deductibility guide
The ATO released the final tax ruling in relation to the deductibility of labour costs incurred in the…