News
Your Knowledge - December 2025
Super on Payday: fundamental changes for employers
From 1 July 2026, there’s a major change coming that will reshape how you handle superannuation contributions for staff.
Your Knowledge - November 2025
Super Tax Shake-Up: big balances beware
After a wave of industry criticism, the Government has revised the Div 296 proposal. It keeps the broad policy intent (reducing tax concessions for very large balances) but removes some of the more problematic features. What’s changed?
Your Knowledge - October 2025
ATO interest charges are no longer deductible!
With GIC currently at 11.17%, this is now one of the most expensive forms of finance in the market — and unlike in the past, you won’t get a deduction to offset the cost. For many taxpayers, this makes relying on an ATO payment plan a costly strategy.
Your Knowledge - September 2025
A win for those carrying student debt
The Australian Government has passed legislation to reduce student loan debt by 20% and change the way that loan repayments are determined.
Your Knowledge - August 2025
Superannuation rates and threshold updates
As we move into the 2025/2026 financial year there are some key changes in tax, superannuation and compliance that are set to impact on a range of individuals and business owners. This edition of our newsletter brings together the most relevant updates to help you stay compliant, minimise your tax exposure and make informed financial decisions.
Your Knowledge - July 2025
Div 296 super tax and practical things to consider
Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for individuals if their total superannuation balance (TSB) is over $3 million as at 30 June of the relevant income year.
Your Knowledge - June 2025
Labor’s Victory: Unpacking the Promises and Priorities
As the Labor party settle back into their seats having secured a majority in the House of Representatives, we look at the campaign promises and the unfinished business from the last term.
Your Knowledge - May 2025
Year End Tax Planning - Opportunities & Risks
With the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny.
Your Knowledge - April 2025
Super Guarantee Rules - Who is Covered?
The superannuation guarantee rules are broad and, in some circumstances, extend beyond the definition of common law employees to some directors, contractors, entertainers, sports persons and other workers.
2025-26 Budget Summary
A Guide to the 2025-26 Federal Budget
With an election around the corner, the Australian Labor Party has released its 2025/26 Budget.
Your Knowledge - March 2025
FBT 2025: What you need to know
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees.
Your Knowledge - February 2025
Will credit card surcharges be banned?
If credit card surcharges are banned in other countries, why not Australia? We look at the surcharge debate and the payment system complexity that has brought us to this point.
Your Knowledge - December 2024
What’s ahead in 2025?
The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty. We explore some of the key changes and challenges.
Your Knowledge - November 2024
When oversears workers are Australian employees
The Fair Work Commission has determined that a Philippines based “independent contractor” was an employee unfairly dismissed by her Australian employer.
Your Knowledge - October 2024
Succession - inheriting assets
When assets pass from a deceased individual to a beneficiary of the estate, the tax impact will generally depend on the nature of the asset and the tax characteristics of the beneficiary, such as their residency status.
Bacchus Bites
The instant asset write-off
The instant asset write-off threshold increased from $1,000 to $20,000 for 2023-24. and 2024-25 Check if you are eligible and what that means for you.
Your Knowledge - September 2024
It wasn’t me: the tax fraud scam…
You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k issued. But it wasn’t you. And you certainly didn’t get a $100k refund in your bank account. What happens now?
Your Knowledge - August 2024
Divorce, you and your business…
Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be resolved.
Your Knowledge - July 2024
Is your family home really tax free?
The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving tax, it’s never that simple.
Your Knowledge - June 2024
The essential 30 June guide….
The end of the financial year is fast approaching. We outline the areas at risk of increased ATO scrutiny and the opportunities to maximise your deductions.
May 2024
2024/25 Federal Budget Summary
The Treasurer Jim Chalmers announced a package of measures, including energy bill relief and rent assistance to bring down the cost of living and inflation, as the economy is expected to head into Budget deficits from 2024-25.
Your Knowledge - May 2024
Should you be the ‘bank of Mum & Dad’
The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst.
Your Knowledge - April 2024
How much is my business worth?
For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what is your business really worth and what sets a high value business apart?
Your Knowledge - March 2024
How to take advantage of the 1 July super cap increase
From 1 July 2024, the amount you can contribute to super will increase. We show you how to take advantage of the change.
Your Knowledge - February 2024
Can my SMSF invest in Property Development?
Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax during retirement, is a strong incentive for many SMSF trustees to dream of large returns from property development. We look at the pros, cons, and problems that often occur.
Your Knowledge - December 2023
Bah Humbug : The Christmas Tax Dilemma
Don’t want to pay tax on Christmas? Here are our top tips to avoid giving the Australian Tax Office a bonus this festive season.
Your Knowledge - November 2023
Workers owed $3.6bn in super guarantee
It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.
Your Knowledge - October 2023
$20k deduction for ‘electrifying’ your business
Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction!
Your Knowledge - September 2023
The Billion Dollar TikTok Scandal
$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators and over 100 arrests to date. How did the TikTok tax scandal get out of control?
Your Knowledge - August 2023
Why is my tax refund so small?
The tax refund many Australians expect has dramatically reduced. We show you why.
Your Knowledge - July 2023
The 120% technology and skills ‘boost’ deduction
The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions.