Archive for category: Tax
News
Federal Budget 2026-27: What It Means for You
Treasurer Jim Chalmers handed down the 2026-27 Federal Budget on 12 May 2026. From income tax cuts and a new $1,000 work-related expense deduction, to significant changes for property investors and family trusts — here is what it means for you.
... read moreNew ATO 'Verify Call' Feature: Instant Protection Against Phone Scams
The ATO has launched a new Verify Call feature in its app, allowing Australians to instantly confirm whether a phone call is genuinely from the ATO.
... read moreATO Updates EV Home Charging Rate: What It Means for You
The ATO has updated the EV home charging rate from 4.20c to 5.47c per kilometre from 2026. Here’s what it means for employers and taxpayers.
... read morePractical Help for Businesses Impacted by Fuel Disruptions
Australian businesses impacted by fuel disruptions may now access temporary ATO relief measures, including flexible payment plans and interest remission.
... read moreA Wake-Up Call for Family Businesses on Fringe Benefits Tax
The SEPL case highlights how FBT applies to family business perks. Learn how trust structures, documentation and benefit classification affect tax risk.
... read moreThe ATO Targets FBT on Work Vehicles: Don't Let Assumptions Cost You
The ATO is increasing scrutiny on FBT for work vehicles. Understand exemptions, record-keeping requirements, and how to avoid costly compliance mistakes.
... read moreKey Lessons from the Kilgour Case: Smarter Valuations in Business Sale Transactions
The Kilgour case reveals how market value is assessed for CGT and why real-world deal terms matter in business sale valuations.
... read moreFringe Benefits Tax (FBT) Updates and Risk Areas for Employers 2025-26
The Fringe Benefits Tax year ends on 31 March. Learn the key FBT risk areas for Australian employers including electric vehicle exemptions, contractor classification and vehicle benefit compliance.
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