SME

Electric vehicles (EVs) aren’t just a novelty in Australian business fleets anymore; they're becoming a practical reality. But with this shift comes a new challenge: if your business provides

Are you a small business owner planning to invest in new equipment or technology? The good news is that the government is planning to extend the $20,000 instant asset write-off by a further 12 months

In Part 1, we covered why the ATO's Small Business Superannuation Clearing House (SBSCH) is closing and what it means for your business. Now let's get practical and look at your alternatives –

If you're a small business owner who's been happily using the ATO's Small Business Superannuation Clearing House (SBSCH) to pay your employees' super, we've got some news that might make you reach

If you run a small or medium business, you know that financial accuracy’s important but sometimes mistakes can happen or information can change. Starting this year, though, you have more time

As the end of the financial year approaches, it’s essential to make sure your payroll, superannuation and reporting obligations are accurate and up to date. Clear records, correct classifications

ATO Updates Small Business Benchmarks for 2022–2023 Recently, the ATO updated its small business benchmarks to include information from the 2022–2023 income year. The ATO promotes these

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

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

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 accountants

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

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

If your small or medium business is on a growth trajectory, you may soon hear from the ATO that you’re being included in its medium and emerging program for private groups. This program is

Facing a tax bill is a common challenge for many Australian businesses. Whether you're currently facing a tax debt or anticipating one in the near future, it’s important to remember that

ATO Lifestyle Asset Data-Matching Program: What Businesses Need to Know The ATO has recently announced or extended a number of data-matching programs, including the lifestyle asset data-matching

Small Business Restructure Rollover: A Legitimate Path to Business Restructuring With recent statistics showing a significant rise in liquidations and the ATO increasing its focus on

Withholding Tax Obligations for Payments to Foreign Residents Does your business or investment structure make payments such as interest, dividends or royalties to foreign residents? If so, you may

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 the