Articles
ATO’s Rental Bond Data-Matching Program – Key Updates
The ATO has announced a rental bond data-matching program for the 2024 to 2026 income years. The ATO will collect data bi-annually from State and ...
NSW Land Tax Changes – Effective 2025
The Revenue Legislation Amendment Bill 2024 introduces significant updates to land tax thresholds, surcharge rates, and exemption criteria in New South Wales. These changes will ...
Changes to Foreign Resident Capital Gains Withholding (FRCGW) – What Property Sellers Need to Know
From 1 January 2025, the Foreign Resident Capital Gains Withholding (FRCGW) rules are changing, impacting all property transactions in Australia. Currently, Australian residents selling property ...
Study loan indexation change – What You Need to Know
The bill to change the annual indexation for study and training loans has passed parliament and is awaiting Royal Assent. Here’s what this means for ...
Eligibility for Compassionate Release of Super
Since 1 July 2018 the ATO has been responsible for the administration of the early release of superannuation on compassionate grounds. Who is Eligible? The ...
Tax update – December
FBT Update: Plug-in Hybrid Electric Vehicles (PHEVs) Lose Electric Car Exemption from 1 April 2025 From 1 April 2025, a plug-in hybrid electric vehicle ('PHEV') ...
Tax Implications on Christmas
With the holiday season approaching, it's essential for businesses to understand the tax implications of Christmas parties and gifts. Here’s what you need to know: ...
Superannuation on Parental Leave Pay: New Law Effective 1 July 2025
Starting 1 July 2025, new parents will be eligible to receive superannuation contributions on top of their government-funded paid parental leave (PPL). This change aims ...
What Tax Receipts Do I Need to Keep?
“Only the ones you want to claim as a tax deduction,” might be a common response. But that isn’t quite right. Tax rules enable you ...