ATO Tax Time Focus Areas
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…
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Generous Depreciation In Its Final Days
This month’s federal budget confirmed that temporary full expensing (TFE) is now in its final days. To recap, TFE will cease and be replaced by…
Federal Budget 2023/2024
Click here for a pdf download of the Federal Budget 2023
How to claim an early tax deduction on SG contributions
Are you an employer who needs to make superannuation guarantee (SG) contributions for your employees? If so, it may be worthwhile bringing forward these SG…
Employee or contractor? – the Federal Court weighs in
A recent Federal Court case has highlighted important superannuation guarantee (SG) implications for businesses that engage certain types of contractors. Background facts The case of…
Temporary Full Expensing (TFE)…get in quick!
This could be the final opportunity for your business to take advantage of Temporary Full Expensing (TFE)…but get in before 1 July! To recap, TFE…
Financing motor vehicles
One of the most common decisions facing business is how to finance and account for the acquisition of a motor vehicle. There are numerous ways…
Upcoming trust distribution strategies…the latest developments
If you run your business through a family trust, there’s some good news on the distribution front. In mid-April, the ATO responded to the landmark…
Newsletter – May 2023
Click here for a pdf version of this article. Temporary Full Expensing (TFE)…get in quick! This could be the final opportunity for your business to…