Want to help boost your retirement savings while potentially saving on tax? Here are five smart super strategies to consider before the end of the financial...

Keep vigilant! The ATO is warning that it is receiving reports of scammers pretending to be from the ATO calling members of the public...

The ATO has announced a temporary simplified short cut method to make it easier for individual taxpayers to claim deductions for additional running expenses incurred (e.g., additional heating, cooling and lighting costs) as a result of working from home due to the Coro...

Over the weekend, the Government announced the Coronavirus stimulus relief package to support Australians and the economy weather through the financial impacts from COVID-19. You can read about the announced measures here. 

We are considering the implications relevant t...

The ATO has revealed it will request a further five years’ worth of policy information from over 30 insurance companies about taxpayers who own marine vessels, thoroughbred horses, fine art, high-value motor vehicles and aircraft. 

Insurers will be asked to provide...

It is always a pleasure to be able to catch up with our clients before the hustle and bustle of the holiday season. Thank you to everyone who joined us for our end of year client seminar this year, as well as to Bob Cunneen (MLC) and Troy Palmer (Mills Oakley) for comi...

From 1 January 2020, eligible individuals with multiple employers will be able to apply to opt out of receiving super guarantee ('SG') from some of their employers, in order to help them avoid unintentionally going over the concessional contributions cap.

If appropriat...

Nearly 700,000 taxpayers claimed almost $2 billion of ‘other’ expenses last financial year. Here are just some examples of the very unusual expenses picked up (and disallowed) by the ATO's systemic review process:

• claims for Lego sets bought as gifts for children, a...

The ATO has advised work-related car expenses will be a key focus again this tax season.

Assistant Commissioner Karen Foat said over 3.6 million people made a work-related car expense claim in the 2017/18 financial year and this amount to more than $7.2 billion:

"We are...

The ATO has released details of their "Lifestyle assets 2013-14 and 2014-15 financial years data matching program protocol".

They will obtain information on insurance policies for certain classes of assets, including marine vessels, enthusiast motor vehicles, thoroughb...