Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We look at what tariffs really mean.  Who pays...

The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees.    FBT Exemption for Electric cars   Employers that provide employees with the use...

The Government has announced a temporary ban on investors buying established homes between 1 April 2025 to 31 March 2027.   The measure aims to curb foreign “land banking.”   From 1 April 2025,...

The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025.  The transfer balance cap - the amount that can be transferred to a tax-free...

The Government has announced its intention to introduce mandatory standards for large superannuation funds to, amongst other things, deliver timely and compassionate handling of death benefits. Do...

If credit card surcharges are banned in other countries, why not Australia?  We look at the surcharge debate and the payment system complexity that has brought us to this point.  In the United...

Succession planning, and the tax risks associated with it, is our (the ATO’s) number one focus in 2025.

What can I do to make the staff Christmas party tax deductible or tax-free? Not have one? Ok, seriously, it’s likely that you will pay tax one way or another; it’s just a question of how. If you...

The Government has announced a transition plan to phase out the use of cheques. Under the plan, cheques will stop being issued by 30 June 2028 and stop being accepted on 30 September 2029. The use...

The Federal Court has denied a sports company’s appeal to claim research & development incentives for the creation of an Australian signature basketball The Federal Court has denied a sports...