ATO Moves to Increase Transparency on ‘Debts on Hold’
From August 2025, the ATO is progressively including ‘debts on hold’ in relevant taxpayer ATO account balances.
Auditing the valuation of SMSF assets
SMSF Trustees and auditors are still relying on outdated practices and risk breaches, penalties and compliance action.
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.
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.
‘Wild’ attempts at tax deductions
The ATO reveals some of the most outrageous disallowed tax deduction claims, including air fryers, swimwear and fashion highlighting focus areas for tax time 2025.
Avoid delays releasing super money with these ATO tips
The ATO is reminding self-managed super fund (SMSF) trustees and members to carefully follow the correct steps when a release authority is issued.
ATO’s fervent focus on small business
The Tax Office has announced its major areas of interest regarding small businesses, highlighting a tougher stance on compliance and GST fraud.
Understanding early access to super
Early Super Access: Know the Rules, Avoid the Risks. We explain why accessing your super early can come with serious consequences.
Tribunal Decisions uphold ATO stance on GST and UPEs
The AAT rejected a taxpayer’s late input tax credit claim, while the Full Federal Court upheld a decision that unpaid present entitlements (UPEs) are not considered loans for Division 7A purposes.
Not-for-profit self-review return due March
As the Not-for-profit self-review tax return is due in March, the ATO has published their Q&As ‘busting’ various NFP ‘myths’.
