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Recently, the ATO updated its small business benchmarks to include information from the 2022–2023 income year. The ATO promotes these benchmarks as an aid for small businesses to enable them to

The cliché is there’s nothing surer than death and taxes, but here’s another. When death comes, tax affairs surely follow. The first steps So if someone close to you dies and you are the

Are you thinking of becoming an independent contractor, consultant or a freelancer? If you’re embarking on a new career path, take some time to work through the personal services income (PSI)

Announced as part of the 2024-25 Budget, and now legislated, the $20,000 instant asset write-off limit has been extended for a further 12 months until 30 June 2025 to continue to provide support for

Taking control of your retirement through a self-managed super fund (SMSF) is a significant decision that puts you in the driver's seat of your financial future. If you’ve decided that an SMSF

Why has Bramelle Partners partnered with CreditorWatch? CreditorWatch is Australia's largest commercial credit bureau. They provide unique and comprehensive real-time data across our portfolio to

The way superannuation is paid may be about to undergo a significant transformation. As part of the Labor government’s efforts to strengthen the system, the proposed “payday super” reforms

In today's sharing economy, platforms like Airbnb have made it easier than ever to earn extra income by renting out a spare room or your entire home. While this can be financially rewarding, many

As a small business owner, it's essential to stay on top of your tax obligations. Recently, the ATO has announced that it will be moving around 3,500 small businesses from quarterly to monthly GST

On Tuesday, 25 March 2025, Treasurer Jim Chalmers handed down the 2025-26 Federal Budget, his 4th Budget. It was a non-eventful budget for superannuation. The only super item of note was some

Personal tax rates cut from 1 July 2026 and 2027  The Government has proposed to cut the personal income tax rate for the income threshold ($18,200 - $45,000) from 16% to 15% (from 1 July 2026)

Budget breakdown: what you need to know  On Tuesday, 25 March 2025, Treasurer Jim Chalmers delivered his 4th Federal Budget, outlining the Government's financial plans for 2025-26. For

You may be familiar with the minimum amount an employer has to contribute to an employee’s super each quarter: 11.5% this year and 12% from 1 July 2025. You might not be as familiar with the

If you’ve thought about upskilling or undertaking professional development this year, you may be able to claim some of your self-education expenses in your 2024–2025 income tax

Fringe benefits tax (FBT) has its own calendar. The FBT year starts on 1 April every year, and closes 31 March the following year. So, the end of this FBT year is 31 March and fast

Choosing the right investment option for your superannuation is important for your retirement savings. It's essential to understand the different types of investment options and their associated

Tax deductions on vacant land. What could be complicated about that? But as with all things tax, it’s not straightforward. Your bit of dirt needs to meet a number of stringent conditions to qualify

Understanding the ATO's focus areas for 2025 is essential to ensuring your business remains compliant and successful. The ATO has outlined specific areas of concern to help you avoid common