Guidebooks

This month we focus on several significant developments affecting employers, investors, business owners and SMSF trustees. 

This month we unpack some of the most controversial proposals from the Federal Budget, including changes to negative gearing, the CGT discount and trust taxation. We examine key proposals and practical issues that can be considered now, even though some of the final details of the changes aren’t yet available.

This month we cover several practical updates that will matter for businesses and individuals as we head towards the financial year-end. The ATO’s revised EV home-charging rate delivers more generous deductions for work-related car claims and can impact on FBT calculations too. 

This month we step through the newly enacted Division 296 superannuation tax—what it means for those with large super balances, how it will operate in practice, and the planning opportunities now available. 

 This month we focus on key developments and practical guidance for business owners, property holders, and SMSF trustees navigating complex tax obligations. 

This month we look at the ATO’s sharpened compliance focus across property, business incentives and emerging technologies. New draft guidance on holiday homes signals a much tougher approach to deductions for short-term rentals, particularly where lifestyle use blurs with genuine income-earning intent.

From payroll reform to professional development, this issue explores several important topics for businesses and investors. We unpack the new Payday Super laws that will soon change how employers handle super contributions and clarify when further study — like an MBA — can genuinely pay off at tax time. 

This month brings a mix of tax reform, real-world lessons, and practical planning insights. We unpack the Government’s latest announcements on the proposed overhaul of the super tax rules that will reshape strategies for those with balances above $3 million. 

The past few months have brought some important developments that could have real consequences for business owners, trustees, and investors. From a recent Tribunal case that highlights why timing and evidence are crucial when it comes to trust distributions (and more broadly), to the practical impact of new rules which make ATO interest charges non-deductible, there’s a lot to unpack.

In support of young Australians and in response to the rising cost of living, the Australian Government has passed legislation to reduce student loan debt by 20% and change the way that loan repayments are determined. 

As we move into the 2025/2026 financial year there are some key changes in tax, superannuation and compliance that are set to impact on a range of individuals and business owners. 

The July 2025 Knowledge Shop newsletter covers Division 296 super tax, ATO interest changes, finfluencer risks, trust issues and new US tax impacts.

Alongside tips for preparing for tax season we’re finding newsfeeds running hot with changes and information that’s relevant to employees, investors and business owners. 

With the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny.

The superannuation guarantee rules are broad and, in some circumstances, extend beyond the definition of common law employees to some directors, contractors, entertainers, sports persons and other workers.

The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees.

“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that appear to be connected to succession planning.”

Can you avoid giving the Australian Tax Office a gift this Christmas?

The Fair Work Commission has determined that a Philippines based “independent contractor” was an employee unfairly dismissed by her Australian employer.

‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers.

You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k issued. But it wasn’t you.

The Tax Commissioner has successfully argued that more than $1.6m deposited in a couple’s bank account was assessable income, not a gift or a loan from friends.

Will 2024-25 be another year of volatility or a return to stability?

The end of the financial year is fast approaching. We outline the areas at risk of increased ATO scrutiny and the opportunities to maximise your deductions.

The ATO is cracking down on business owners who take money or use company resources for themselves.

The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices.

Give yourself the ultimate gift that doesn’t cost a thing – a super to-do list which is a gift that will benefit you now and in the future.

Your superannuation death benefits must be paid to someone when you die. That somebody will usually be your estate or your nominated beneficiary (also known as your dependants).

Did you know you can reduce your income tax by making a large personal tax-deductible contribution from your take-home pay to your super? This strategy may be particularly useful if you will be earning more income this financial year or if you have sold an asset this year and made a large capital again.

The ATO has issued a reminder around trademarks!
For background, a trademark legally protects your brand and helps customers distinguish your products or services in the market from others.

The recent ATO crackdown on trusts will no doubt have some business owners (and even some advisors) asking themselves the question: Is this structure for business purposes still worth it?

The increase to the superannuation guarantee(SG) rate from 1 July 2023 will see more employees (and certain contractors) entitled to additional SG contributions on their pay.

With the end of the financial year on our doorstep, the ATO has announced its three key focus areas for 2022-23 Tax Time – rental property deductions, work-related expenses, and capital gains tax(CGT).

The 2023-24 Federal Budget was handed down on 9 May. It contains changes to business and personal taxation, superannuation, social security entitlements, as well as cost of living relief.

This could be the final opportunity for your business to take advantage of Temporary Full Expensing(TFE)… but get in before 1 July!

If you carry on your business affairs through a trust structure, there is now more clarity around the law on distributions following much uncertainty throughout the year.

Are you one of the five million Australians who claim work from home deductions? If so, stricter record-keeping rules may now apply.

Have you missed the deadline to apply for a director identification number (director ID)? If so, you can still apply!

Welcome to our client newsletter, your monthly tax and super update keeping you on top of the issues, news and changes you need to know.

Welcome to our client newsletter, your monthly tax and super update keeping you on top of the issues, news and changes you need to know.

Welcome to our client newsletter.

Welcome to our client newsletter, your monthly tax and super update keeping you on top of the issues, news and changes you need to know.

Welcome to our client newsletter, your monthly tax and super update keeping you on top of the issues, news and changes you need to know.

Welcome to our client newsletter, your monthly tax and super update keeping you on top of the issues, news and changes you need to know.