by Craig | Oct 2, 2025 | ATO, Business, Fringe Benefits Tax (FBT), Property Investment, Small Business, Small Business Advice, Tax, Tax Updates
Employees incorrectly treated as independent contractors The ATO is warning businesses that if they incorrectly treat an employee as an independent contractor, then they risk receiving penalties and charges, including: PAYG withholding penalty for failing to deduct...
by Craig | Jul 7, 2025 | Business, Tax, Tax Updates
Changes to car thresholds from 1 July The car limit for the 2026 income year is $69,674.This is the highest value that a taxpayer can use to calculate depreciation on a car where they use the car for work or business purposes and they first use or lease the car in the...
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