Tax
Home-Based Business CGT Rules Australia - ATO Active Asset Test & Main Residence Exemption Explained
The ATO has clarified that limited home-based business use does not automatically qualify a property for small business CGT concessions. Understanding how the active asset test interacts with the main residence exemption is critical when selling your home in Australia.
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Electric Car Discounts Under Review: What It Means for Your Business
Australia’s electric car tax discount is under review. While no immediate changes are proposed, businesses and employees should understand the current concessions, risks and timing considerations.
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AI Tax Tips: Helpful Shortcut or Costly Trap?
AI tools can explain tax concepts, but relying on them for decisions can lead to audits, penalties and costly mistakes. Here’s where AI helps—and where it can hurt.
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Unlocking Tax Savings: Can Your MBA (or Other Studies) Pay Off at Tax Time?
MBA and postgraduate study costs can be tax-deductible, but only when strict ATO criteria are met. This article explains how deductibility works, what evidence you need, and when self-education claims are allowed.
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When medical bills meet tax rules - Lessons from a heartbreaking case
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.
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Super Tax Shake-Up: Big Balances Beware
The Government’s revised Division 296 super tax targets earnings on very large balances with a simpler, tiered model and a start date of 1 July 2026. Learn what changes, who is affected, and how to plan.
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Electric Cars and Fringe Benefits Tax: What Employers Need to Know
Electric vehicle FBT exemptions explained for 2025. Eligibility, PHEV changes from 1 April, reportable benefits & employer compliance requirements.
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ATO Interest Charges Are No Longer Deductible - What You Can Do
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.
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