ATO Archive

SMSFSuperannuation

SMSF education is essential for trustees. Understanding SISA rules helps prevent breaches, reduce penalties and protect retirement savings by identifying compliance risks early.

Small Business

Payday Super is now law, and from 1 July 2026 employers will need to pay super at the same time as wages. Here’s what’s changing, how it impacts your business, and the steps you can take now to prepare.

Tax

A recent tribunal decision confirms that most medical treatments are private expenses and not deductible, even for disability pension recipients. Learn the nexus test, common pitfalls, and planning tips before you claim.

Superannuation

Superannuation can be accessed early only in limited cases such as financial hardship or compassionate grounds. This article explains the conditions, ATO requirements, and risks of doing so incorrectly.

Small BusinessTax

Leaving ATO debts unpaid is now more costly, as general and shortfall interest charges are no longer deductible from 1 July 2025. This article explains what’s changed, who’s affected, and how refinancing could reduce the impact.

Strategic Financial Advice

Carry forward concessional contributions allow Australians to catch up on unused super caps from the past five years. Learn the rules, tax benefits, and case studies showing how they can boost retirement savings and reduce taxable income.

Property

A loan interest tax deduction is only available if borrowed funds are used for income-producing purposes. This article explains how redraw and offset accounts affect deductions and outlines common mistakes to avoid.

Small Business

From 1 July 2025, the super guarantee rate 12% officially applies to all eligible employees. This change impacts payroll software, employment contracts, and cash flow. Employers must ensure compliance to avoid penalties and missed tax deductions.

Tax

Finfluencers are flooding social media with questionable tax tips - but following their advice could cost you. Here’s what to watch for and how to stay compliant.

Tax

From 1 July 2025, ATO interest charges like GIC and SIC will no longer be tax-deductible. Learn how this affects your tax planning and what you can do to minimise the impact.

SMSF

Get clear on SMSF tax deductions with our guide on what your self-managed super fund can legitimately claim and what it can’t.

Tax

From air fryers to swimwear, the ATO is cracking down on work-related deductions that don't pass the test. Find out what to avoid and how to stay compliant.

Why you landed here

Phillip Anthony Partners joins Paris Financial East Melbourne

We are pleased to share that the team at Phillip Anthony Partners have merged with Paris Financial. Our team at Paris Financial can provide you with a large range of quality financial services with over 65 people located across two convenient locations in Blackburn and East Melbourne.

Paris Financial shares the same philosophy as Phillip Anthony Partners of providing a value focused and high quality service for each of our clients. We look forward to assisting with your accounting needs.