Budget 2025-26: Missing the Measure for Small Businesses

Chalkboard titled ‘Budget Plan’ with bar graphs, symbolizing financial strategies for the Federal Budget 2025-26

The Federal Budget 2025-26 has arrived with a range of promises—tax cuts, energy bill relief, and measures aimed at boosting the economy. But not everything made it across the line. A key small-business measure, the $20,000 instant asset write-off, remains stalled in Parliament, leaving many entrepreneurs unsure about their next move. In this post, we’ll … Read more

The Cost of Doing Nothing: ATO’s Move to Monthly GST Reporting

A financial report with graphs and charts labeled 'Monthly Report,' representing business tax reporting and compliance

The Australian Taxation Office (ATO) is making changes that will impact small businesses that have a history of non-compliance with their GST reporting. From 1 April 2025, the ATO will transition certain small business taxpayers from quarterly to monthly GST reporting. This shift will apply to businesses with a track record of late payments, missed … Read more