
Tax update June 2025
ATO individual and business priorities The Australian Tax Office will be cracking down on work-related expenses in personal tax returns this year after recently revealing

ATO individual and business priorities The Australian Tax Office will be cracking down on work-related expenses in personal tax returns this year after recently revealing

More than half of us set a new financial goal at the beginning of 2025, according to ASIC’s Moneysmart website. While most financial goals include

What is a good credit score? Your credit score, also known as your credit rating, is a number that represents your creditworthiness. This shows the

Renting out your property or holiday home If you rent out property, you need to: keep records right from the start work out what expenses

Pandemic-era leniency is a thing of the past and the regulator is warning small and medium enterprises (SMEs) it is keeping an eye on them.

How it works A building and the land it is on are usually treated as a single asset. However, there are situations where they are

Getting paid on time is essential to minimising cash flow problems, especially for new businesses. Here are seven simple techniques to help you to manage

How much tax you pay on retirement income depends on your age and the type of income stream. For most people, an income stream from

Small businesses with a habit of falling behind on their GST obligations are about to face stricter reporting rules. From 1 April 2025, the Australian

Fuel tax credit rates changed on 3 February. Make sure you are using the correct rate to ensure your claim is correct. You could receive more

If your personal information falls into the wrong hands, it can be used to steal your identity. If you think your identity has been stolen,

The Tax Office is actively targeting SMSF trustees over a range of super breaches. Home ownership is still the great Australian dream for many people. Australia’s