by Teigan Amos | Feb 20, 2025 | Articles, Updates
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 Kingdom, consumer credit and debit card surcharges have been banned since...
by Teigan Amos | Feb 16, 2025 | Articles, ATO, Superannuation
“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that appear to be connected to succession planning.” ATO Private Wealth Deputy Commissioner Louise Clarke The...
by Teigan Amos | Dec 13, 2024 | Articles, Updates
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 structure your celebrations to avoid fringe benefits tax (FBT), then you...
by Teigan Amos | Dec 11, 2024 | Articles, Updates
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 of cheques has declined dramatically over the last 10 years, declining...
by Teigan Amos | Dec 11, 2024 | Articles, Updates
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 company’s appeal to claim research & development incentives for the...
