ATO Debunks Division 7A MythsFebruary 27, 2025
The ATO is continuing to see mistakes made in relation to Division 7A of the ITAA 1936, and so has published a document debunking various Division 7A 'myths'....
Read more Can staff celebrations attract FBT?January 8, 2025
Before they hire a restaurant or book an event, employers should make sure to work out if the benefits they provide their employees are considered entertainment-related, and theref...
Read more TaxWise Business News - November 2024November 27, 2024
What’s new? Depreciation for small businesses. The Bill proposing to extend the $20,000 threshold for the small business instant asset write-off (IAWO) until 30 June 2025 is curr...
Read more Treasury Releases Further Information Regarding ‘Payday Super’October 29, 2024
In the 2023/24 Budget, the Government announced a reform to align employers' payment of superannuation guarantee ('SG') contributions with salary and wages from 1 July 2026....
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