As 30 June approaches, it’s time for business owners to get their end-of-year tax planning in order. Taking the right steps now can help you maximise deductions, manage compliance risks, and reduce your overall tax bill. From paying super to..
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The Chief Commissioner has recently assessed Uber as liable for payroll tax and interest in the sum of approximately $81 million for the financial years 2015 to 2020 pursuant to the Payroll Tax Act 2007 (NSW) (Payroll Tax Act).
This decision has..
With the purchasing of luxury vehicles on the rise it’s important to be aware of some specific features of the tax system that can impact on the real cost of purchase. Often the tax rules provide taxpayers with a worse tax outcome if the car will be..
From 1 July 2025, the superannuation guarantee (SG) rate officially rose to 12% of ordinary time earnings (OTE). This is the final step in the gradual increase legislated under previous reforms.
Australia's renewable energy sector is experiencing rapid growth, bringing increased tax compliance obligations. A crucial yet often overlooked requirement during the construction phase is the Taxable Payments Annual Report (TPAR). If your renewable..
Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for individuals if their total superannuation balance is over $3 million as at 30 June of the relevant income year.
For decades, trust structures have been a cornerstone of the Australian tax and financial system, prized for their asset protection and flexibility when it comes to income distributions. However, regulatory changes and mounting administrative..
If you're a small business owner who has provided benefits to employees—such as meals, cars, or entertainment—you might be wondering whether you need to pay Fringe Benefits Tax (FBT), and if doing so is the most cost-effective approach. Here are a..
With the 2025 tax season fast approaching the Australian Taxation Office (ATO) is reminding taxpayers to be careful when claiming work related expenses.
If you are involved with running a not for profit (NFP) organisation it is important to be aware of key obligations and requirements. In particular, if the NFP qualifies as a tax exempt entity there are some specific conditions that need to be..
