As announced in the 2024-25 Budget and now legislated, the $20,000 instant asset write-off limit has been extended for another 12 months, now lasting until 30 June 2025. This extension continues to provide vital support for small businesses.

Tax time is fast approaching, and the ATO is likely to focus on common areas where errors are made, including work-related expenses and working from home (WFH) deductions. Knowing what you can claim and how to properly document your claims can help you avoid mistakes when lodging your return.

The cents per kilometre method is a simple way to calculate how much you can claim for car-related work or business expenses.

Are you looking for ways to boost your partner’s retirement savings while potentially lowering your own tax bill?

Superannuation is a way for couples to plan for their future together, building savings for retirement. But what happens if your relationship comes to an end? The Family Law Act 1975 and the new Family Law (Superannuation) Regulations 2025 work together to create a legal framework for dividing superannuation, including what information a super trustee must provide, how to value super interests, and how to implement the split.

Looking for a simple way to support causes that matter to you while also getting a tax benefit? Many Australian employers offer workplace giving programs, which provide a hassle-free way to regularly donate to charities that are deductible gift recipients (DGRs).

Are you considering becoming an independent contractor, consultant, or freelancer? If you're starting a new career path, it’s important to understand the personal services income (PSI) rules that may apply to you.

If you're a business owner or work in payroll, you're probably aware of the importance of meeting your Pay As You Go (PAYG) withholding obligations.

As part of the 2024-25 Budget and now officially legislated, the $20,000 instant asset write-off limit has been extended for another 12 months until 30 June 2025. This extension continues to provide valuable support for small businesses.