Our Blog
We aim is to keep you up to date with the latest developments – to help you plan your business and individual tax.
Practice Update – July 2024
ATO's 'main residence exemption tips' The main residence exemption needs to be considered in a variety of situations when a taxpayer sells a property they have lived in. The ATO hopes that the following tips will help in this regard: Taxpayers should...
Practice Update – June 2024
ATO's three focus areas this tax time The ATO will be taking a close look this 'tax time' at the following common errors made by taxpayers: Work related expenses: Taxpayers using the 'revised fixed rate method' of calculating a working from home deduction...
Practice Update – May 2024
Government warns of 'malicious' myGov scammers The Government has urged Australians to be vigilant regarding scammers who target ATO log-in details to commit tax fraud. The ATO has received a large number of reports of scammers using fake myGov sites to...
Practice Update – April 2024
How to claim working from home expenses Taxpayers who have been working from home this financial year, and who consequently incurred work-related expenses, have two ways to calculate their work from home deduction: the actual cost method; orthe fixed rate...
Practice Update – March 2024
Super contribution caps to rise The big news story for those contributing to super is that the contribution caps are set to increase from the 2025 income year. The concessional contribution cap will increase from $27,500 to $30,000. This 'CC' cap is broadly...
Practice Update – January/February 2024
Government announces changes to proposed 'Stage 3' tax cuts Despite previous assurances, and after much speculation, the Government has announced tweaks to the 'Stage 3' tax cuts that will apply from 1 July 2024. More particularly, the Government...
Practice Update – December 2023
ATO's lodgment penalty amnesty is about to end The ATO is remitting failure to lodge penalties for eligible small businesses. Businesses which have not yet taken advantage of the ATO's lodgment penalty amnesty only have until 31 December 2023 to...
Practice Update – November 2023
Tax issues for businesses that have received a support payment Taxpayers who have received a government support grant or payment recently to help their business recover from COVID-19 or a natural disaster should check if they need to include the...
Practice Update – October 2023
Taxpayers need to get their 'rental right' The ATO reminds rental property owners and their tax agents to take care when lodging their tax returns this tax time. When preparing their tax returns, taxpayers should make sure all rental income is included,...
Practice Update – September 2023
Appointing an SMSF auditor The ATO reminds SMSF trustees that they need to appoint an approved SMSF auditor for each income year, no later than 45 days before they need to lodge their SMSF annual return. An SMSF’s audit must be finalised before the trustees...
Recent Posts
Practice Update – July 2024
ATO's...
Practice Update – June 2024
ATO's...
Practice Update – May 2024
Government...
Practice Update – April 2024
How to...
Practice Update – March 2024
Super...
Practice Update – January/February 2024
Government...
Practice Update – December 2023
ATO's...
Practice Update – November 2023
Tax...
Practice Update – October 2023
Taxpayers...
Practice Update – September 2023
Appointing...
Additional REsources
Links to Important Tax Documents & Articles we’ve Created for your convenience
Contact Us
We are based in Highett, 16km from Melbourne CBD
admin@casaccountants.com.au
Phone: (03) 9553 3800
Office Location
328 Highett Road Highett VIC 3190
Mailing Address
PO Box 94 Highett VIC 3190
Office Hours
Monday – Friday: 9am to 5pm
After Hours
We are available for after-hours appointments and house/premises calls on request (Available for Melbourne South-East and Bayside Suburbs).