2024-2025 Federal Budget
The 2024-2025 Federal Budget has now been released. Read the complete 2024-2025 Federal Budget provided by the NTAA here.
Do you have an electric vehicle?
The ATO allows a cents-per-kilometre methodology for calculating electricity costs where an electric vehicle (EV) is charged at an employee’s…
Employee or independent contractor?
A ruling issued by the ATO in December last year explains when an individual is an ‘employee’ for PAYG withholding…
What has the government been up to?
It is only February, yet we have already seen a significant tax development that will affect the majority of Australians…
Update your ABN details
When was the last time you checked your business’ Australian business number (ABN) details on the Australian Business Register (ABR)?…
Are you a small or medium business?
Small and medium businesses qualify for a number of tax concessions. For most tax purposes, a business qualifies as a…
Entertaining your employees?
With summer and Christmas just around the corner, you may be planning a party or similar event (e.g. a bowls…
Changes to fuel tax credit rates
On 1 July 2023, the fuel tax credit rate for heavy vehicles (such as buses, coaches and trucks) for travelling…
Do you have a home office?
A lot more people are working from home following a shift in workplace arrangement as a result of the COVID-19…
It’s tax time again!
Your business’ income tax return for the 2022–23 income year must be lodged by 31 October 2023, unless you have…
