Small business courses from the ATO

Small business courses from the ATO

Small business courses are now available online, through the ATO website. The courses are ideal for business owners who are looking to enhance their financial literacy, sharpen their record-keeping skills, or just looking to gain a better understanding of key business...
Electric vehicles: What you need to know

Electric vehicles: What you need to know

Navigating the complexities of electric vehicle management for clients can pose challenges. It entails assisting clients in comprehending the nuances of the new FBT exemption, including its limitations, and ensuring accurate deduction claims. This task becomes...
2022-23 Budget 2.0: Shuffling the decks

2022-23 Budget 2.0: Shuffling the decks

There is nothing in the 2022-23 Budget that would create a UK style crisis. The stage 3 tax cuts legislated to commence on 1 July 2024 are not mentioned, and most funding initiatives appear to be a reallocation of previous Government initiatives. And, the commodity...
Federal budget – 2021-22

Federal budget – 2021-22

The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term. It is also a human budget (cynics would say voter focussed), with $17.7 billion dedicated to aged care,...

ATO Sets Focus on Holiday Homes

The ATO sets its focus on holiday home rentals The Australian Taxation Office (ATO) is setting their sights on the large number of mistakes, errors and false claims made by rental property owners who use their own property for personal holidays. “As Australians enjoy...