Blog

Jul 7, 2024
Get it right first time – don’t lodge your tax return too early
It might seem like a good idea to lodge your tax return as soon as the financial year ends - with costs of living rising you might be hoping for a refund or you might just want to tick it off your
Jul 7, 2024 Tax time reminders for small businesses from the ATO
As tax time approaches, the ATO has released some pertinent reminders for small businesses in preparing themselves for the end of this financial year and the start of the new financial year. The
Jul 7, 2024
Early access to super for dental work
The Dental Board of Australia has raised concerns regarding growing reports of dental practitioners encouraging patients to access super in order to fund their dental care. Administered by the ATO
Jul 7, 2024
Tax time scams: be on guard
As tax time approaches, reports of ATO impersonation scams are on the rise. Taxpayers should continue to exercise vigilance and think carefully before acting on any unsolicited contact from entities
Jul 7, 2024 Get your employees’ super and payroll right for the new financial year
As the new financial year begins, employers need to keep an eye on various payroll activities to make sure their employees’ pay and superannuation contributions are processed correctly and at
Jun 4, 2024
Finalist SMSF Firm of the year and Partner of the year
Bramelle Partners has been shortlisted for the 2024 Australian Accounting Awards Bramelle Partners has been named as a finalist in the Australian Accounting Awards for SMSF Firm the year and Brad
Jun 4, 2024
Federal Budget 2024: Super related measures
On Tuesday 14 May 2024, Treasurer Jim Chalmers handed down the 2024-25 Federal Budget, his 3rd Budget. The major superannuation and retirement-related measures announced in the Budget include the
Jun 4, 2024
Federal Budget 2024: Personal Measures
On Tuesday 14 May 2024, Treasurer Jim Chalmers handed down the 2024-25 Federal Budget, his 3rd Budget. The major personal tax-related measures announced in the Budget include the
Jun 4, 2024 Federal Budget 2024: Business Measures
On Tuesday 14 May 2024, Treasurer Jim Chalmers handed down the 2024-25 Federal Budget, his 3rd Budget. The major SME business tax-related measures announced in the Budget include the
May 6, 2024 Navigating complexities of crypto investments: SMSFs
The digital currency landscape continues to be treacherous terrain for Self-Managed Super Fund (SMSF) trustees, with a growing number of reports indicating significant losses due to a variety of
May 6, 2024
Fasttrack for finalisation of certain deceased estates
The ATO has recently released a guideline that will allow certain legal personal representatives (LPRs), including executors or administrators, of less complex estates to finalise those estates
May 6, 2024
Trust reporting changes from 1 July 2024
Changes to simplify reporting for trustees and beneficiaries are commencing from 1 July 2024 as a part of the Modernisation of Trust Administration Systems (MTAS) project. From that date, labels in
Apr 10, 2024
Super on Paid Parental Leave
The government has announced that from 1 July 2025, it will commence paying super on Government Paid Parental Leave (PPL). This comes on the back of calls by unions and the women’s movement
Apr 10, 2024
Revised stage 3 tax cuts now law
Now that the revised stage 3 tax cuts have passed all stages of Parliament and received Royal Assent, the new rates are law and will apply from 1 July 2024. While the revised rates won’t apply for
Apr 10, 2024 ATO’s use of small business benchmarks
Recently, the ATO updated its small business benchmarks to encompass the 2021-22 income year. While the ATO promotes these benchmarks as an aid for small businesses to enable them to compare
Mar 18, 2024
SBSCH and SMSF bank account validation
With the year-on-year growth in the number of SMSFs in Australia, the ATO is finally rolling out a extra security feature for SMSFs that use the Small Business Superannuation Clearing House (SBSCH)
Mar 18, 2024 How much does negative gearing really cost the nation?
Since the government’s announced changes to the Stage 3 tax cuts to give lower income earners more benefits, the chorus of voices advocating for changes to other aspects of the tax system, such
Mar 18, 2024
FBT electric vehicle home charging rate
Since the introduction of EV incentives by various state governments to encourage the uptake of EVs and other zero emissions vehicles, the market share of EVs has significantly increased from around