News

Offsetting credits and refunds from debts on hold

Explore the ATO’s new approach to managing debts on hold for small businesses, understand offsetting, and discover solutions for effective debt management.

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 Offsetting credits and refunds from debts on hold
( Posted in: Tax )

Warning: Redrawing investment loans

Discover the tax complexities of redrawing investment loans. This article sheds light on ATO’s scrutiny and the need for correct reporting.

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 Warning: Redrawing investment loans
( Posted in: Property )

Workers owed $3.6bn in super guarantee

Uncover the ATO’s approach to tackling the $3.6 billion superannuation gap. Key insights on STP data matching, SGC, and employer compliance.

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 Workers owed $3.6bn in super guarantee
( Posted in: Tax )

When is food GST-free?

Delve into the complexities of GST on food items, illustrated by Chobani’s case. Discover key insights into what makes food GST-free or taxable.

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 When is food GST-free?
( Posted in: Tax )

Up to 10 years in prison for deliberate ‘wage theft’

Explore the critical aspects of the proposed Australian legislation targeting deliberate wage theft, including hefty fines and new definitions for casual employees.

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Up to 10 years in prison for deliberate ‘wage theft’
( Posted in: Tax )

Fixed-term employment contracts limited to 2 years

Stay updated with the Dec 2023 changes to fixed-term employment contracts. This article explains the new limitations and their implications.

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 Fixed-term employment contracts limited to 2 years
( Posted in: Tax )

$20k deduction for ‘electrifying’ your business

Discover how small and medium businesses can maximise a 20% tax deduction on energy-efficient upgrades and electrification. This limited-time opportunity is set to expire by June 30, 2024. Find out what qualifies.

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 $20k deduction for ‘electrifying’ your business
( Posted in: Tax )

Self-education: What can you claim?

What can be claimed for self education? We break down the dos and don’ts of claiming education expenses. Make sure your claims align with your work for the best tax benefits.

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 Self-education: What can you claim?
( Posted in: Tax )