From 1 July 2026 a holiday home you also rent out loses every ownership deduction unless it is mainly rented. What decides it is who gets the house at Christmas. Who is unaffected, who is at risk, and what to do before summer.
The ADF ruling that governed sport was withdrawn in June 2025. What survived, what a compulsory sports afternoon is actually worth, and why the green fees were never deductible.
Two things changed for teachers this year, and one of them settles the home office argument for good. The rest of this is teacher tax deductions claim by claim, so go straight to the one you were about to get wrong. Jump straight to Teaching aids Working from home Car and travel Self-education Clothing and … Read more
A truck driver kept a $32,782 meal claim with no receipts after the Federal Court dismissed the ATO’s appeal. What Shaw’s case means for your 2026 return.
Published 13 May 2026 | 10 min read Treasurer Jim Chalmers handed down his fifth Budget last night, calling it “the most important and ambitious Budget in decades.” Every accounting firm in the country has published a wrap by now. Most are written for corporate CFOs. This one is for the small business owner running … Read more
Picture this: It’s mid-July, and Sarah from the local café calls you in a panic. “My accountant says I should have finalised something called STP weeks ago, and now my staff can’t lodge their tax returns!” Sound familiar? You’re not alone. Every year, hundreds of Albury Wodonga business owners find themselves scrambling through Single Touch … Read more
Running a family business or building wealth through investments comes with its own tax challenges and opportunities. The ATO is watching these areas more closely than ever, but there are still plenty of legitimate ways to structure your affairs to minimise tax – you just need to know the rules and play by them. What’s … Read more
Superannuation is still one of the best legal tax shelters we have in Australia. The problem is, most small business owners either ignore it completely or make expensive mistakes because the rules keep changing. Let’s cut through the complexity and focus on what actually works for Australian business owners in 2025. The Big Super Changes … Read more
The Australian Taxation Office (ATO) is actively targeting trusts and how trusts distribute income to beneficiaries. A number of clients have requested a review of their structures to ensure that they are in the best possible position in the future. We want to help you achieve the best result. ATO’s Top 5 Trust Checklist for … Read more
For small and micro business owners, keeping on top of your Fringe Benefits Tax (FBT) obligations isn’t just about ticking a box—it’s a crucial strategy to limit your future audit risks and secure your business’s financial health. Even if you believe your FBT liability is nil, lodging an FBT return can protect you from the … Read more
