Latest news
Trade Wars and Tariffs
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 for tariffs? Tariffs increase the price of imported goods and reduce...
FBT 2025: What you Need to Know
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 of eligible electric vehicles (EVs) can potentially qualify for an...
Ban on Foreign Property Purchases
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, foreign investors (including temporary residents and foreign-owned...
Threshold for tax-free retirement super increases
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 retirement account – is indexed to the Consumer Price Index (CPI) released...
Is there a problem paying your super when you die?
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 we have a problem with paying out super when a member dies? ...
Will credit card surcharges be banned?
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...
Why the ATO is Targeting Babyboomer Wealth
Succession planning, and the tax risks associated with it, is our (the ATO’s) number one focus in 2025.
Tax and tinsel Q&As
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...
Phasing out cheques
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...
Tax deduction denied for signature basketball shoe R&D
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...
What’s ahead in 2025?
The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty. We explore some of the key changes and challenges. An election Welcome to political advertising slipping into your social...
Are student loans too big?
Australian voters tend to reject US style education favouring more egalitarian systems where income does not determine access. In the US, average student debt is USD $37,693 (public and private debt) taking an average of 20 years for individuals to repay. But,...
For more news, check out the Bentleys National page.
Bentleys Aspire Program
Where you want to be
The Aspire program aims to help CEOs, business owners and entrepreneurs reach the goals they aspire to achieve – both professionally and in their personal lives. Sign-up today to receive regular news, updates and special offers directly. Get where you want to be.
