Taxation

The end of year is fast approaching, meaning gifts and parties become part of your business. We’re here, as always, remind you of your tax obligations and to assist in your decision making.

Buying vs leasing – which one is best for business equipment and plant? How can you figure out the best choice for your situation?

The ATO has published a list of common errors found in rental property schedules. Ensure that you are not double dipping or you may need to lodge an amendment.

As tax time is well and truly in full swing, please do not forget about your tax obligations for 2025. Here is a list of key tax dates for September and October 2024.

The withholding tax rate for the capital gains tax regime for non-residents is proposed to increase from 12.5 per cent to 15 per cent and the $750,000 property value threshold is proposed to be removed and reduced to nil.

As the end of the tax year is fast approaching, here are some important changes for individuals to be aware of for 30 June 2024.

With the end of the financial year fast approaching, here is a list of new rules that you need to be aware of for your business.

The Federal Treasurer, Dr Jim Chalmers, handed down the 2024–25 Federal Budget at 7:30 pm (AEST) on 14 May 2024. Described as a “responsible Budget that helps people under pressure today”, the Treasurer has forecast a second consecutive surplus of $9.3 billion. The main priorities of the government, as reflected in the Budget, are helping with the cost of living, building more housing, investing in skills and education,strengthening Medicare and responsible economic management to help fight inflation.