NAB’s survey of small and medium enterprises (SMEs) found that the top three challenges worrying business owners in 2025 are cash flow, profitability and inflation. “In a challenging year for many ...

The introduction of the Division 296 tax will require super funds, particularly those with illiquid assets, to tighten up valuations and is likely to see higher administration and audit costs for ...

The ATO has issued new guidance to trustees of family trusts who have made a family trust election on how to limit their exposure to family trust distributions tax in the lead up to 30 June. In a ...

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later. By becoming a member, I agree to receive ...

The Tax Practitioners Board has reminded smaller firms with 100 or fewer employees to start preparing for the eight new Code of Professional Conduct obligations that will begin from 1 July 2025. The ...

ATO Commissioner Chris Jordan said the Tax Office is still determining the best approach to managing the billions of dollars’ worth of tax debts it deemed “uneconomic to pursue” after pausing its debt ...

The Reserve Bank of Australia lowered the cash rate target by 25 basis points to 3.85 per cent in its decision this week. The reduction in interest rates follows further drops in underlying inflation, ...

The ATO has fired another shot across the bow of those looking to over-claim deductions on their holiday houses, with accountants warned to ensure they have the full picture before submitting any ...

Where two people are separating or divorcing and transfer assets between them, this will usually qualify for a relationship breakdown rollover. CGT usually applies when the ownership of an asset ...

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later. “While firms are planning ahead to cover ...

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later. By becoming a member, I agree to receive ...

The Tax Office continues to be highly active with its debt collection activities from businesses and is increasingly using more creative methods to encourage businesses to pay back debts, according to ...