If your business owns or leases a vehicle that is used for business purposes, it’s essential to keep proper records to ensure you’re entitled to the maximum deduction for your […]
In recent years, the financial landscape in Australia has been significantly transformed by the advent of Buy Now, Pay Later (BNPL) services. These innovative credit products have provided consumers with […]
The new financial year has begun, and with it have come some important changes to superannuation from 1 July 2024. With these changes coming into effect, it’s a good time […]
As lodgement time once again approaches, business owners should be aware of the key changes in the 2023-24 tax return which may benefit their bottom line in the form of […]
ASIC has issued a scam alert warning consumers that there has been an increase in the use of ASIC’s logo on social media to promote fake investments and stock market […]
As the new financial year begins, employers need to keep an eye on various payroll activities to make sure their employees’ pay and superannuation contributions are processed correctly and at […]
Hot on the heels of reports that a growing number of SMSFs are sustaining significant losses in crypto asset investments, the ATO has announced that it will be extending the […]
The ATO has flagged inflated rental property claims as one of its primary focus areas for Tax Time 2024. According to the ATO, despite 86% of property owners using a […]
The ATO has flagged incorrectly claimed work-related expenses as a particular focus area for Tax Time 2024. More than 8 million taxpayers claimed a work-related deduction in 2023, with around […]
