Tax

Tax Archives

billing system, BAS compliance

ATO zeroes in on incoming reporting, BAS compliance for the upcoming quarter

The ATO outlines key tax compliance priorities for small businesses, including income reporting, BAS reporting for GST, ...

Key fringe benefits tax changes 2025: What to know about this March

With the 2025 fringe benefits tax (FBT) period ending on 31 March, the Australian Taxation Office has announced key chan...
Woman with suitcase and laptop.

Overseas business travel tax deductions: What you can and can’t claim

Learn what expenses you can and can't deduct, from airfares to accommodation.
GST reporting

Monthly GST reporting to be imposed on non-compliant businesses

The mandatory shift to quarterly GST reporting is aimed towards improving tax compliance particularly for delinquent bus...
payroll tax rates

Which states have it the worst when it comes to payroll tax?

South Australia and New South Wales have the most competitive payroll tax rates, making them conducive places to do busi...
Home office set-up

Instant asset write-off 2024/2025: When will we get confirmation?

A renewal of the $20,000 instant asset write-off for the 2024/2025 financial year has yet to be confirmed, leaving small...

SMSF annual return deadline looms

As an SMSF is required to maintain accounting records, such records must be kept in a form with supporting documentation...
Closeup of a businessman's hand holding a cup over a dining table.
payroll tax

Western Australia Liberals promise payroll tax rebate for small businesses

The proposed payroll tax rebate in WA is being touted to help small businesses in the state that are undergoing cashflow...
Cat and open sign in shop window.

What small-business tax changes would really help business owners right now?

From scrapping payroll tax to rightsizing the GST system, small-business owners share the tax changes that would really ...