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
Feb 13, 2024 Employee vs contractors: new rules
Following on from two prominent High Court decisions in Construction, Forestry, Maritime, Mining and Energy Union v Personnel Contracting Pty Ltd [2022] HCA 1 and ZG Operations Australia Pty Ltd
Jan 9, 2024
New ASIC enforcement priorities 2024
With the end of the year fast approaching, ASIC has announced its enforcement priorities for 2024. While ASIC’s enduring priorities of market integrity, protecting financially vulnerable consumers,
Dec 3, 2023
ATO pauses debts on hold campaign In response to community feedback and perhaps negative commentary in the media, the ATO has announced it is pausing its “awareness campaign around tax
Dec 3, 2023
Employer SG obligations: annual report
Each year the ATO releases a report containing the latest annual statistical results for employer super guarantee (SG) compliance and obligations, and this year is no exception.  According to the
Nov 15, 2023
International businesses and GST International businesses that have sales connected to Australia over a certain threshold may need to register and pay GST in Australia. This applies
Oct 7, 2023
ATO crackdown on TPAR lodgements
The ATO has reminded relevant taxpayers to lodge their Taxable Payments Annual Report (TPAR) by the annual deadline or as soon as possible. It notes that the deadline for each year is firm and those
Oct 7, 2023
Have you outgrown your current software?
As your business becomes more complex, so does the requirements of your accounting solution. Small accounting software like Xero or MYOB AccountRight provides basic accounting functionality which is
Sep 4, 2023
Car expenses: using the cents per kilometre method
The cents per kilometre method is a simple way to work out how much you can deduct for car-related work or business expenses. Only individuals, including sole traders, or partnerships (where at least
Sep 4, 2023
Does GST apply to crypto-assets?
As digital currency becomes more common-place in a business context both in terms of trading and using such assets for payment in Australia, one question that commonly arises for those businesses
Sep 4, 2023
Small business bonus deduction: technology investment Small businesses can access a 20% bonus deduction for eligible expenditure incurred on business expenses and depreciating assets for the purposes of
Jul 16, 2023
Budget 2023: What’s In It For Small Businesses?
The 2023 Budget has been handed down by Treasurer Jim Chalmers. In addition to the cost-of-living and welfare measures leaked ahead of the Budget, the government also released new measures relating
Jul 12, 2023
Budget 2023: What’s in it for me? On Tuesday, 9 May 2023, Treasurer Jim Chalmers handed down the 2023–2024 Federal Budget, his second Budget, which follows the October 2022
Jul 12, 2023
Instant Asset Write Off: Is Your Business Eligible? What is the instant asset write-off?  Eligible businesses can claim an immediate deduction for the business portion of the cost of a depreciating asset
Jul 12, 2023
More ATO Data-Matching This Tax Time
Taxpayers beware, this tax time, the ATO will be using all its data-matching capabilities in multiple areas to ensure that individuals are paying the correct amount of tax. In addition to the
Jul 12, 2023
Small Business Lodgement Amnesty Reminder
The ATO has reminded eligible small business taxpayers to take advantage of the lodgment penalty amnesty program announced in the recent 2023-24 Federal Budget. It applies to tax obligations covering
Jul 12, 2023
Updated Residency Tests   The ATO has finally released its long-awaited ruling on individual residency which outlines the ATO’s latest views on whether an individual is
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,