Tax Archive
Tax
Are Australian student loans too big? This article delves into loan sizes, repayment challenges, and proposed reforms to help reduce student debt burdens.
Tax
Fraudsters are increasingly targeting myGov accounts to claim tax refunds and GST credits fraudulently. Learn how tax scams work, how to spot fake communications, and the critical steps to protect your personal information.
Tax
Uber successfully contested $81.5M payroll tax assessments in NSW, with the court ruling drivers as independent contractors, not employees.
Tax
The distinction between gift or income is crucial in tax law. This article explores a case where the ATO deemed $1.6m in deposits as taxable income, not gifts or loans.
Small BusinessTax
Learn how to use capital losses, choose the right gains to offset, and time your asset sales strategically. This guide covers everything from basic CGT concepts to advanced tax-saving techniques for investors and small business owners.
Tax
New ATO rules for sharing economy platforms affect your tax return. Learn how this reporting regime impacts income declaration from Airbnb, Uber, and more.
Small BusinessTax
What’s ahead for 2024-25? This article delves into tax changes, wage adjustments, and business trends, helping you navigate the year ahead effectively.
Tax
Find out how to handle work clothes deductions for the 2023-2024 tax year. We'll show you what you can and can't claim so you can get the most out of your tax refund with our easy-to-follow guide.
Tax
The essential 30 June guide highlights key opportunities to maximise deductions and outlines risks to avoid ATO scrutiny. Learn how to bring forward deductible expenses, bolster superannuation, make charitable donations, and ensure compliance with tax regulations.
Tax
The ATO has issued a warning about trust distributions, urging trustees to review and comply with their trust deeds. Learn the key areas of concern and how to avoid penalties by ensuring your trust distributions are valid and properly managed.
Tax
The end of financial year is fast approaching, which means it’s time to start thinking about your tax! We have 13 tax saving tips to help you prepare and manage your Business’ financial accounts throughout the year.
Tax
Discover how leveraging Fringe Benefit Tax in Australia for phones and internet can enhance your company's benefits package. Learn key strategies and tips in our guide!