A full FBT exemption for electric vehicles was introduced into parliament on 27 July 2022. This exemption is designed to bolster the government’s support for the take up of electri.....

The ATO has put its foot down, from 1 July 2022, trust distributions made to companies will no longer be allowed to be held under a sub-trust arrangement.

This question has plagued business for many years. Recent High Court decisions now provide clarification for business.

The highly anticipated ATO tax ruling on 100A reimbursement agreements was released on the 23rd February 2022 accompanied by a Practice compliance guideline (PCG) and Taxpayer Aler.....

On the 16th December 2021, the ATO finalised their Practical Compliance Guideline on the allocation of professional firm profits which was released as a draft in April 2021. These .....

The ATO has released draft Practical Compliance Guidance (PCG) 2021/D2, which details the ATO compliance approach when applying resources to consider the allocation of professional.....

With global restrictions easing, markets correcting and businesses starting to adjust to the COVID-19 safe new normal; now is an important time to consider End of Financial Year St.....

GST component now included in Director’s Penalty Notice regime, from 1 April 2020.

Some of the most effective tax savings are to be found in the Small Business Capital Gains Tax Concessions. These concessions will apply when a business owner sells an active busin.....