One of our most popular questions -Deciding whether/when to transfer your business from a sole trader structure to a company is an important

A summary of the highlights from the Federal Government’s 2025/26 Budget

Do I have to declare my crypto income in my tax return? The Australian Taxation Office treats cryptocurrency as an asset, not a currency

The Government recently announced changes to repayments for the Higher Education Loan Program (‘HELP’) and other student loan schemes.

When you sell shares for more than you paid, you make a capital gain, which may be subject to Capital Gains Tax (CGT). If you sell for less,

Negative gearing is a financial strategy commonly used in real estate investing, where the costs of owning an investment property

The terms "joint tenants" and "tenants in common" refer to different types of ownership arrangements for rental properties.

Yes! You can claim a tax deduction for donations in your tax return, but there are some rules to follow.

Can I use the revised fixed-rate (67 cents per hour) method for 2024/2025 A taxpayer can only use the revised fixed-rate method...

Salary sacrifice, also known as salary packaging, refers to an arrangement between an employee and employer

You can claim motor vehicle expenses in your tax return if you use your car for work-related purposes. However, you cannot claim trips...

You can only claim work-related clothing expenses if they meet the Australian Taxation Office (ATO) rules.

A. What is the difference between concessional and non-concessional super contributions? Superannuation contributions in Australia fall...

Changes to Caps (Concessional & Non-Concessional) From 1 July 2024, the concessional contribution cap will increase from $27,500 to $30,000,

`The ATO recently issued Taxation Ruling (‘TR’) 2024/3, which sets out the ATO’s views and principles regarding the deductibility of...

From 1 April 2025, a plug-in hybrid electric vehicle (‘PHEV’) will not be considered a zero or low emissions vehicle under fringe benefits..

Buying a commercial property within a Self-Managed Super Fund (SMSF) can offer several benefits for investors seeking to diversify