March 2025

When to declare investment income You must declare income you earn from investments and assets in your tax return. Investment income may include amounts from

Which records to keep for your property so you can work out CGT when you sell it. Property records you should keep For your property,

Cutting costs is arguably the quickest and easiest way to improve the profitability of your business. Introducing a cost-control system can bring immediate savings and

Holidays and gift giving can leave you a little short of cash so it might be cheering to learn that billions of dollars is being

Incorrectly charged GST Excess GST is when you incorrectly treat something as taxable and include GST for it in your business activity statement (BAS). This

If you are considering disposing of a property, it’s important to understand the implications so that there are no surprises when your tax bill arrives.

New year, new rules: ATO’s 2025 focus areas for small businesses The Australian Taxation Office has kicked off 2025 by announcing its major areas of