Transferring Your Business to Family Members
Transferring control of your business to family members may involve restructuring your business operations, such as: ▪ changes to the…
FBT and Car Parking
Your business will provide a car parking fringe benefit to an employee if, on any day, all the following occur:…
EV Home Charging Costs
The ATO is proposing to update its guidelines (PCG 2024/2) on electric vehicle (EV) home charging costs. The updated guidelines…
Take Charge of Your Upcoming Employer Obligations
It is time to review your business’ upcoming employer and superannuation obligations. It is important to keep on top of…
Year-End Tax Tips
We are getting near the end of the tax year (30 June), so you might want to consider ways to…
Government Committed to EInvoicing
The Australian Government has extended its commitment to increase Peppol eInvoicing adoption. By leading the implementation of eInvoicing, the Government…
ATO Focus Areas for Small Business
The ATO says that if it contacts a small business, it will be clear and tell the business what it…
What’s Been Happening in Parliament?
Small businesses that use the simplified depreciation rules can immediately write off the full cost of a depreciating asset used…
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…
