NEWS & UPDATES

Don't forget to pay your employees Superannuation Guarantee for the December 2025 quarter by the 28 January 2026 , otherwise you will incur the Superannuation Guarantee Charge which is a major headache. The SGC is really painful as, not only do you need to pay the fund to the ATO, but there are also administration charges and the payment ISN'T TAX DEDUCTIBLE . If you're using XERO Super , you need to allow at least a week for the payment to be processed through their clearin

Did you know a FORD RAPTOR UTE IS NOT A UTE! Well according to the Australian Taxation Office anyway. There's a common myth that dual cab utes are automatically exempt from fringe benefits tax (FBT). However, that's not the case. If your employers provide dual cab utes to staff to complete their duties and the vehicle is available for personal use, then the benefit may be subject to FBT. When FBT doesn't apply To qualify for an exemption, 2 conditions must be met. The dual ca

There already exists a perfectly reasonable framework for deciding what should or shouldn’t be an expense payable by a Politician when their family travels with them on official business. Within our taxation legislation there is very clear rules on what is a personal travel expense and in no way supplemented by the Australian taxpayer. Why not apply the fringe benefits, entertainment and travel allowance rules adhered to by all Australian taxpayers to our politicians. As a bu

The company tax rate is somewhat irrelevant when it comes time to take surplus cash out of the company by the small business owner and...

When it comes to claiming tax deductions for work-related attire, understanding the rules can save you both money and headaches. Here’s...