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Archive for category: Tax
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Trust funds: are they still worth the effort?
Trusts have long been used for asset protection and tax flexibility, but increasing ATO scrutiny and compliance demands are prompting many to reconsider their use.
... read moreFinfluencers: bad tax advice could cost you
Finfluencers are flooding social media with questionable tax tips – but following their advice could cost you. Here’s what to watch for and how to stay compliant.
... read moreDiv 296 super tax and practical things to consider
The proposed Division 296 super tax applies to individuals with over $3 million in superannuation. Understand the tax rules, examples, and how to prepare.
... read moreImportant tax update: deductions for ATO interest charges scrapped
From 1 July 2025, ATO interest charges like GIC and SIC will no longer be tax-deductible. Learn how this affects your tax planning and what you can do to minimise the impact.
... read moreATO's new requirements for NFPs
The ATO has introduced new NFP requirements that all not-for-profit organisations must follow to remain income tax exempt. Here’s what you need to know.
... read moreFrom air fryers to swimwear: Tax deductions to avoid
From air fryers to swimwear, the ATO is cracking down on work-related deductions that don't pass the test. Find out what to avoid and how to stay compliant.
... read moreATO Interest Charges May Soon Be Non-Deductible: What You Need to Know
From 1 July 2025, ATO interest charges such as GIC and SIC will no longer be deductible. Find out what’s changing and how your business can prepare.
... read moreInstant asset write-off threshold finally confirmed
The instant asset write-off threshold for 2025 has been confirmed at $20,000. Understand how your small business can benefit before it drops again.
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