News
New ATO guidance for rental property owners
June 10, 2026
The ATO has released updated guidance to clarify how it assesses rental property income and expenses, to reflect changes in the way investors rent out their properties. This is particularly important for clients whose rental property also doubles as a holiday home. If a rental property that doubles as a holiday home is not used […]
ATO warns of Tax Time misinformation and focus areas
June 10, 2026
The ATO is warning the community to be wary of incorrect or misleading information this Tax Time, particularly claims promising greater refunds, shortcuts or hacks. The ATO is seeing a rise in tax-related content and ‘tips’ being shared — especially online — and is urging taxpayers to treat unverified advice with caution. Australians should think […]
ATO says: “Don’t delay: act now to transition from the SBSCH”!
June 10, 2026
The Small Business Superannuation Clearing House ('SBSCH') will permanently close on 1 July 2026. Therefore, employers still using it have less than a month to transition to an alternative service provider, test their new arrangements and resolve any issues before Payday Super begins. The ATO recommends that affected employers act now to: download all their […]
Payday Super: How to manage super during the changeover
June 10, 2026
The ATO is providing information that employers need to know to manage the changeover from quarterly super to Payday Super from 1 July 2026 (i.e., when employers will begin paying super with each payday under the Payday Super changes). During July 2026, employers may need to manage more than one super payment, including: the final […]
2026 Budget: The Big Changes
June 10, 2026
The Federal Government handed down the Federal Budget on 12 May 2026, with some of the biggest changes to the tax system in years. Some of the main proposed changes include: Delivering a new Working Australians Tax Offset ('WATO') to provide a permanent annual $250 tax offset to all eligible Australian workers. This applies to […]
ATO launches new app feature to stop scam calls
May 7, 2026
Taxpayers can now instantly confirm whether a call claiming to be from the ATO is genuine, with the launch of a new in-app security feature designed to shut down scammers. The new verify call feature allows users to confirm, in real time, that they are speaking with the real ATO, not a fraudster. Taxpayers are […]
ATO responds to high fuel costs
May 7, 2026
The ATO recognises that high fuel costs are affecting some businesses, and it will provide targeted support to eligible businesses that are unable to meet their payment obligations for three months, from 1 April 2026 to 30 June 2026. In particular: the ATO will provide streamlined access to more flexible payment plan arrangements, including longer […]
FOR YOUR URGENT ACTION CHECK YOUR ODOMETER READINGS
March 30, 2026
The end of the Fringe Benefits Tax (FBT) year is 31 March 2026 We remind you that all odometers must be checked and the reading recorded after the last time you use a business vehicle on 31 March 2026. It is a requirement under the current Fringe Benefits Tax legislation that you make a note of […]
Check GST credit claims before lodging BASs
March 12, 2026
Taxpayers who are registered for GST can claim GST credits (or 'input tax credits') for the GST included in the price of goods and services they buy for their business. However, if you buy something for both business and private use, you need to apportion the GST credit to only claim the business use. For […]