Blog

Apr 16, 2023
Cheaper childcare on the horizon
Families struggling with the current cost of living crisis could soon have some relief with cheaper childcare coming mid-year after the government passed child care subsidy reforms. This was a
Apr 16, 2023
Bramelle Partners joins the IR Global Network
Bramelle Partners has been accepted to the IR Global network which provides Bramelle Partners clients with access to a multi-disciplinary professional services network that provides legal,
Mar 13, 2023
Work from home expenses: new rate
With the expiration of the previous fixed rate method and the shortcut method for calculating the deduction for working from home (WFH) expenses, the ATO has released a draft guideline on the new
Mar 13, 2023
Transitional approach extended: foreign companies
Foreign-incorporated companies will now have more time to organise their governance arrangements under a recent update issued to Practice Compliance Guideline PCG 2018/9. The issue relates to foreign
Mar 13, 2023
Superannuation tax break changes
https://www.youtube.com/watch?v=DsrMUHHXdoc In an attempt to repair the Federal Budget and lower the overall national debt, the government announced changes to the way super in accumulation phase
Feb 6, 2023
Upcoming FBT-related changes
With 2023 in full swing, the ATO is looking to finalise a number of FBT-related issues currently under consultation. For businesses, the outcome of these consultations and subsequent issue of draft
Feb 6, 2023
New year, new ATO scams
Money never sleeps, as the old quote goes, but it could apply equally well to scammers. As most people have let their guard down and are still recovering from their holiday excesses, scammers are
Feb 6, 2023
Beware of super schemes
The ATO is currently running a campaign cracking down on super schemes increasingly used by promoters to inappropriately channel money through SMSFs or provide an unfair tax advantage. Some of the
Jan 9, 2023
Sharing economy reporting regime commences soon
As a part of the government’s strategy to combat the tax compliance risks posed by the sharing economy, it has now legislated requirements for operators of electronic distribution platforms to
Jan 9, 2023
Non-deductible threshold removed for self education
The government has reintroduced and passed a raft of measures that faced an uncertain fate when the House of Representatives was dissolved and the Senate prorogued due to the calling of the Federal
Jan 9, 2023
Looming changes for the BNPL market
The government has given the strongest indication yet that it will be seeking to regulate the Buy Now Pay Later (BNPL) market soon with the release of a consultation paper on the appropriate
Dec 6, 2022
Proposed new method for calculating WFH expenses
With the expiration of the previous fixed rate method and the shortcut method for calculating the deduction for working from home (WFH) expenses, the ATO has released a draft guideline on the new
Dec 6, 2022
Future of superannuation
In a recent address, the Assistant Treasurer and Minister for Financial Services, Stephen Jones, outlined the changes the government will be pursuing in terms of superannuation. From its beginnings
Dec 6, 2022
ATO’s relationship with small business
Second Commissioner Jeremy Hirschhorn delivered the Commissioner of Taxation's Address at the Institute of Public Accountants National Congress on 18 November 2022. The theme of the Address was how
Nov 6, 2022
Pension changes to encourage workforce participation
As a result of the government’s recent Jobs Summit and responding to pressure from employer and agricultural lobby groups, proposed changes have been introduced into Parliament that will enable
Nov 6, 2022
NSW first home buyers: choice of tax
First home buyers in NSW could soon have the choice between paying an annual property tax instead of stamp duty if a Bill currently before NSW Parliament passes. As the name suggests, the First Home
Nov 4, 2022
Labor’s Federal Budget 2022-23
Key measures in the Albanese Government’s first Budget The Federal election on 21 May 2022 ushered in a Labor Government promising a better future. Disdaining the ‘all announcement, no
Oct 9, 2022
FBT record-keeping: simplification of requirements
The government has released a raft of draft legislation with the intention of reducing FBT record-keeping compliance costs for employers. The measure was originally announced by the previous