Pay Day Super

Download PDF       Now is the time to start preparing for Pay Day Super, especially if you are using the ATO clearing house.  The penalties and administration for being late are just not worth it! ATO Clearing House Closing       The ATO clearing house closes on 30th June 2026 but you need to act now!  …

The Tax and Record Keeping Consequences of Holiday Rentals Such as Airbnb – Updated 2025

Download PDF Update – The ATO have released a draft ruling TR 2025/D1 about holiday homes that are used for both private and rental income purposes.  The ruling does not allow a tax deduction for any of your ownership costs such as rates, insurance, interest, depreciation, land tax, repairs and maintenance unless the property is …

Jim Charmers Backs Down on Taxing Unrealised Capital Gains in Superannuation

Download PDF      If you have close to $3mil or more in superannuation you are probably already aware that the government is rethinking its previously announced policies on large superannuation balances.   At this early stage nothing is certain, there is still to be much consultation before the law is drafted.   This blog is written to …

Record Keeping Instructions

Download PDF       Good record keeping is probably the most effective tax tip going.  This blog covers the record keeping requirements for cars, mobile phones and home office claims. Vehicles:       In order to claim a vehicle you must “hold” the vehicle.  If your employer makes the lease payments on the vehicle, your employer “holds” …