The ATO reports that more than 42,000 small businesses fail to work with them in regard to finalising their tax obligations. . This means all are risking massive consequences when overdue payment rules change in 2025. Apparently some 50...

Over May and June we will add two articles to our website to help you plan and take actions before the end of the 2023-24 financial year.   . This is Part 2 and focuses on key strategies to manage your tax bill.  Both Part 1 and 2 will cover ...

Small businesses are increasingly falling behind on debts, with two-thirds of all debt owed by small business, the ATO warns. . In a recent address, ATO Tax Commissioner Rob Heferen stressed the importance of small business owners meeting the...

Taxpayers who “copy and paste” work-related claims each year or try to offset their rental income by inflating deductions will be in the Tax Office’s sights. . The Tax Office has revealed its focus areas this tax time, making clear it will ra...

A standard form contract is a pre-written contract used repeatedly for a particular type of transaction. . These contracts are common when one party has more bargaining power than another, such as in consumer or employment contracts. Standard...

The 2024 Federal Budget is broken down into these five PDFs. Click on each to read more. . Easing cost-of-living pressures   Building more homes for Australians   Investing in a Future Made in Australia   Strengthening Medicare an...

Jim Chalmers has handed down the government's third budget, with a $300 power bill boon for every Australian household, but the purse strings kept tight on other measures. Click on the image to read about the 33 different Winners and Losers. ...

Four main components of this year's Federal Budget can be seen by using the following links. . Overview   Easing cost-of-living pressures   A Future Made in Australia   Delivering a better deal for small businesses   ...

Check out the Shortest-reigning Monarchs in History . . . . . . . . . . . . .

In May and June, we will add two articles to our website that help you plan and take action before the end of the 2023-24 financial year.  Both Part 1 and 2 will cover the following, though Part I focuses on key strategies to manage your tax bill.  A...