ATO’s debts on hold campaign prompts new IGTO guidance

New guidance has been released on best practice principles for debt notifications in response to the re-activation of old debts by the ATO. . The Inspector-General of Taxation Ombudsman, Commonwealth Ombudsman and ACT Ombudsman have published...
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Small business benchmarks

The ATO has developed quite a number of benchmarks to help small businesses develop an idea of their performance compared to similar businesses in the same industry. . The link below takes you to the A-Z list of benchmarks and covers a large ...
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UNDERPERFORMING EMPLOYEES: WHEN CAN YOU TERMINATE?

Terminating an underperforming employee requires caution. Employers must follow fair procedures to avoid legal issues such as unfair dismissal claims. . Firing an employee hastily or without proper procedures can lead to uncomfortable situati...
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THE 2025 FINANCIAL YEAR TAX & SUPER CHANGES YOU NEED TO KNOW!

The new financial year is fast approaching and so are a number of changes to superannuation contribution amounts and the individual tax rates. These changes are outlined below, as is some information on how you may be able to work with these changes ...
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Illegal access nets $637 million

The ATO has found $637 million of superannuation savings has left the system due to illegal early access carried out through SMSFs. . The figures were released by the regulator today at the SMSF Association National Conference 2024 in Brisban...
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