2026 Budget: The Big Changes Editor: The Federal Government handed down the Federal Budget on 12 May 2026, with some of the biggest changes to the tax system in years. Some of the main proposed changes include: Delivering a new Working Australians Tax Offset ('WATO') to provide a permanent annual $250 tax offset to [...]
Dual cab utes and FBT The ATO wishes to dispel the 'common myth' that dual cab utes are automatically exempt from fringe benefits tax ('FBT'). If an employer provides dual cab utes to staff to complete their duties and the vehicle is available for personal use, then the benefit may be subject to FBT. By [...]
Read our October News here, which includes these current stories: Employees incorrectly treated as independent contractors Correctly dealing with rental property repairs Tips to help sole trader clients ATO warning regarding private use of work vehicles and FBT ART dismisses argument that medical expenses were deductible Reminder September Quarter Super Guarantee date Hales Douglass [...]
Read our September News blog here, which includes these current stories: Bill to reduce student debts now law ATO to include tax 'debts on hold' in taxpayer account balances Getting the main residence exemption right Small Business Superannuation Clearing House is closing ATO AFCX data-matching program PAYGW reminders for activity statement lodgments Hales Douglass Financial [...]
By David Booth, Founder and Chairman, Dimensional Funds Advisors 3 Minute Read When markets feel as shaky as they do now in the US, it is normal to ask: Is this time different? After all, the S&P 500 Index is down some 4% already this year and there is considerable economic uncertainty. But anxious investors today [...]
