Tax Compliance & Accounting

What is fringe benefits tax (FBT)?

What is fringe benefits tax (FBT)?

Whether you’re an employee or an employer, it’s important to understand the tax implications of giving and receiving fringe benefits.

Your checklist for end of financial year (EOFY): tax, super, business

Your checklist for end of financial year (EOFY 2022): tax, super, business

To help you get ready for tax time, we’ve put together a checklist that will see you through end of financial year and beyond.

Superannuation and tax planning considerations before June 30, 2022

Superannuation and tax planning considerations before June 30, 2022

It’s essential to review your superannuation and related tax matters prior to end of financial year. Here’s what to keep in mind.

What is capital gains tax (CGT)?

What is capital gains tax (CGT)?

When it’s time to sell an investment asset, the profit made is subject to tax. Here’s what you need to know about capital gains tax.

Trust taxation and family groups: Navigating the new era of trusts

Trust taxation and family groups: Navigating the new era of trusts

There are a few things to keep in mind as you navigate the taxation of family trusts going forward. Here's what you need to know.

The Federal Budget 2022-23 roundup

The Federal Budget 2022-23 roundup

Here are some of the key features of the targeted package of measures in the latest Federal Budget.

Proposed Digital Games Tax Offset: Here’s what you need to know

Proposed Digital Games Tax Offset: Here’s what you need to know

Australia’s digital games sector will get a boost thanks to new incentives proposed by the federal government. Here are the details.

6 misconceptions about Australian taxation of cryptocurrency

6 misconceptions about Australian taxation of cryptocurrency

From whether cryptocurrency is a currency for tax purposes to if cryptocurrency as a hobby is taxable, Florence Ioannou sets the record straight.

COVID-19 tests to be tax deductible – here’s how to claim them

COVID-19 tests to be tax deductible – here’s how to claim them

COVID-19 tests, including Polymerase Chain Reaction (PCR) and rapid antigen tests (RATs), will be tax...
TFN: What is a Tax File Number and why do I need one?

TFN: What is a Tax File Number and why do I need one?

Here’s what you need to know about Tax File Numbers, and how they impact both businesses and the people they employ.

Key takeaways of the Mid-Year Economic and Fiscal Outlook 2021-22

Key takeaways of the Mid-Year Economic and Fiscal Outlook 2021-22

The federal government has shared the Mid-Year Economic and Fiscal Outlook, and we’ve rounded up the major highlights of the report.

ABN: what is an Australian Business Number and when do I need one?

ABN: what is an Australian Business Number and when do I need one?

Here’s what you need to know about getting an ABN and why it should be a priority for business operators and sole traders.

Updated guidelines on allocation of professional firm profits PCG 2021/D2

Updated guidelines on allocation of professional firm profits PCG 2021/D2

The Australian Taxation Office has released new guidance for the allocation of professional firm profits. Here’s what you need to know.

Salary sacrifice arrangements for medical professionals

Salary sacrifice arrangements for medical professionals

Medical professionals have the chance to make significant savings by implementing salary sacrifice arrangements. Here’s how it works.

A beginner’s guide to buying cryptocurrency in Australia

A beginner’s guide to buying cryptocurrency in Australia

As digital currencies make inroads into mainstream investing, it’s time to demystify the cryptocurrency market. Here’s a guide if you’re starting out.