Paid parental leave changes have now commenced As of 1 July 2025, the amount of Paid Parental Leave available to families increased to 24 weeks, and the amount of Paid Parental Leave that parents can take off at the same time has also increased from two weeks to four weeks. Superannuation will now also be [...]
Many business clients prefer to review their tax position before the end of the income year and assess strategies that may be available to legitimately reduce their tax. View our year-end Tax To Do List for Businesses on the button below: Tax To Do List - Businesses
View our year-end Tax To Do List in preparation for your 2024/25 Tax Return. Click on the thumbnail image below to view. The List includes: Tax saving strategies prior to 1 July 2025 Taxable income thresholds for the 2024/25 income year Common claims made by individuals Strategies to increase deducations for the 2025 income [...]
'Wild' tax deduction attempts The ATO recently revealed some of the 'wild' work related expense tax claims people have tried to "put past" the ATO, including the following: A mechanic tried to claim an air fryer, microwave, two vacuum cleaners, a TV, gaming console and gaming accessories as work-related. The claim was denied as [...]
