The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self managed superannuation funds (SMSFs) [...]

Late last year, thousands of taxpayers and their agents were advised by the Australian Taxation Office (ATO) that they had an outstanding historical tax debt. The only [...]

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention.    Electric vehicles causing sparks  In late [...]

Countries that have experienced the worst of the pandemic give Australian businesses an insight into what to expect in a post-lockdown environment.    Australia, like New Zealand, has [...]

As the new financial year gets underway, there are some big changes to superannuation that could add up to a welcome lift in your retirement savings. Some, [...]

Fears of a resurgence in inflation has been the big topic of conversation among bond and sharemarket commentators lately, which may come as a surprise to many [...]

If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these [...]