by Craig | Sep 3, 2026 | ABN, ATO, Business Compliance, Expenses, Payday Super, Tax Deductions
Deductions for rental properties that double as holiday homes The ATO has updated its guidance on rental property income and expenses from 1 July 2026, including for properties that are also used as holiday homes. Where a property is a holiday home, it must be used...
by Craig | Jul 2, 2026 | ATO Compliance, BAS, Business Compliance, Practice Update, Small Business, Superannuation
Government’s tax reform package The Government has recently legislated several of the tax reform measures announced in the 2026 Federal Budget (and in later media releases). These include, among other things: Replacing the CGT discount with cost base indexation...
by Craig | May 6, 2026 | ATO, Business Compliance, Payday Super, Practice Update
ATO is ‘clearing up’ some common Payday Super myths With less than two months until Payday Super starts (on 1 July 2026), the ATO wishes to ‘clear up’ the following common misconceptions. Myth: “There is nothing super fund trustees need...
by Craig | Apr 9, 2026 | ATO Compliance, Business Compliance, Small Business Advice, Superannuation, Tax Updates
Know when a new logbook is required Editor: Keeping a car logbook may be required to accurately calculate the business-use percentage of vehicle expenses (e.g., fuel, registration, insurance and depreciation) for tax deductions. Taxpayers can keep the same logbook for...
by Craig | Feb 5, 2026 | ATO Compliance, Business Compliance, Practice Update, Small Business, Superannuation, Tax, Tax Updates
Mandating cash acceptance The Government recently announced that it was delivering on its commitment “to mandate cash acceptance for essential purchases by finalising regulations that require fuel and grocery retailers to accept cash from 1 January 2026.”...
by Craig | Sep 3, 2025 | ATO, Business Compliance, Data-matching Program, Student Loans, Superannuation
ATO to include tax ‘debts on hold’ in taxpayer account balances From August 2025, the ATO is progressively including ‘debts on hold’ in relevant taxpayer ATO account balances. Editor: A ‘debt on hold’ is an outstanding tax debt...
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