News

It wasn't me: the tax fraud scam

Fraudsters are increasingly targeting myGov accounts to claim tax refunds and GST credits fraudulently. Learn how tax scams work, how to spot fake communications, and the critical steps to protect your personal information.

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It wasn't me: the tax fraud scam
( Posted in: Tax )

Is the RBA to blame? The economic state of play

Interest rates have surged, with political debate growing around the Reserve Bank of Australia’s policies. The RBA’s stance and economic indicators are under scrutiny as inflation remains high. Explore the key impacts on households and businesses.

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 Is the RBA to blame? The economic state of play
( Posted in: Property )

$81.5m payroll tax win for Uber

Uber successfully contested $81.5M payroll tax assessments in NSW, with the court ruling drivers as independent contractors, not employees.

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 $81.5m payroll tax win for Uber
( Posted in: Tax )

Property and lifestyle assets in the spotlight

The ATO has increased its focus on property asset owners, including those with expensive lifestyle assets. Investment property income, deductions, and ownership of high-value items like boats and aircraft are now under scrutiny.

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Property and lifestyle assets in the spotlight
( Posted in: Property )

When is a gift not a gift?

The distinction between gift or income is crucial in tax law. This article explores a case where the ATO deemed $1.6m in deposits as taxable income, not gifts or loans.

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When is a gift not a gift?
( Posted in: Tax )

There remain five reasons to expect the $A to rise

Expect the AUD to rise as favorable interest rates, undervaluation, and rising commodity prices set the stage for potential currency growth in the coming year.

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There remain five reasons to expect the $A to rise

Is it worth salary sacrificing into super?

Salary sacrificing into super can be a smart way to enhance retirement savings and reduce taxable income. This article explores the benefits and considerations to determine if it’s worth it for you.

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 Is it worth salary sacrificing into super?

Mortgage versus super - a common dilemma

In the mortgage versus super debate, the right strategy depends on your financial goals. Explore how to weigh the benefits of paying off your mortgage or boosting your super.

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 Mortgage versus super - a common dilemma