SIC Archive

Tax

Important tax update: deductions for ATO interest charges scrapped

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.

Small BusinessTax

ATO Interest Charges May Soon Be Non-Deductible – What You Need to Know

From 1 July 2025, ATO interest charges such as GIC and SIC will no longer be deductible. Find out what’s changing and how your business can prepare.

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.