Business tax and payroll updates August 2025

Paid Parental Leave just got better — with more weeks, higher payments and super contributions now included. Plus, new rules on Division 7A and tax amendments could impact your business. Need help navigating the changes? Contact Omnis today.
Do You Need to Lodge a TPAR by 28 August?

Need to lodge a TPAR? The 28 August deadline is fast approaching – don’t risk penalties. Contact us today for help lodging or advising the ATO if you’re not required to submit.
High-Balance SMSF Members urged to act ahead of Division 296

Holding a large super balance?
Review your estate planning now to avoid future tax headaches. Speak with Omnis’ specialist super advisers in Perth to prepare for Division 296.
Beware of tax advice from ‘finfluencers’

Beware of unqualified ‘finfluencers’ offering tax tips online. Always check your advisor is registered with Australia’s TPB to avoid financial risks.
Auditing the valuation of SMSF assets

SMSF Trustees and auditors are still relying on outdated practices and risk breaches, penalties and compliance action.
Taxpayer Wins Case for Home Office and Car Deductions during COVID

A taxpayer successfully claimed home office and car expenses due to COVID-19 work changes, with the ART ruling in their favour. Learn what this means for similar deductions.
Protect your business with the PPSR

Protect your business assets with the PPSR. Learn how to secure goods, claim GST credits and reduce financial risk when selling, leasing or consigning property.
Essentials Every New Business Owner Needs to Get Right from Day One

Starting a business? Discover the key steps every new business owner must take to stay compliant, manage cash flow and set up for long-term success.
July 2025 changes and deadlines

Stay on top of key employer obligations for 2025–26, including PAYG, STP, SG payments and updated car depreciation and tax thresholds.
Truck driver entitled to claim meal expenses

A recent decision by the Administrative Review Tribunal backed a truck driver’s claim for meal expenses, even though he didn’t have all the usual proof.