News

From 1 July 2025, ATO interest on tax debts is no longer tax-deductible—making it more costly to delay payment. At the same time, recent home loan rate cuts are creating opportunities for refinancing and cash flow relief. With the ATO tightening enforcement, now is the time to review your debt strategy and explore your options.

A major Federal Court decision has clarified that unpaid present entitlements (UPEs) to corporate beneficiaries are not loans for Division 7A purposes. This ruling could reshape trust distribution strategies — but the ATO is appealing.

The ATO is taking a tougher approach to overdue tax, with stricter rules on payment plans and reduced tolerance for late payments. From 1 July 2025, interest on unpaid tax will no longer be tax deductible — and with GIC at 10.78%, the cost of inaction is rising fast.

As the end of the financial year approaches, it’s crucial to stay on top of important deadlines to ensure your tax and compliance obligations are met smoothly. We outline the key EOFY dates for this financial year — plus essential deadlines to mark in your calendar for the entire next financial year.

Major changes are on the horizon — including potential same-day super and the removal of tax deductibility for ATO interest. These updates could significantly impact payroll, cash flow, and compliance. In this article, we break down the key proposals, what they mean for your business, and how to get ahead.

From revised Stage 3 tax cuts and energy bill relief to extended asset write-offs and tighter CGT rules for foreign investors—the latest Budget delivers a mix of support and scrutiny. Most changes start 1 July, so now’s the time to get prepared.

Productivity is a term associated with strong economies, robust businesses and efficiency gains of clever staff. If businesses were efficient then fewer would fail, generate more employment and better incomes for owners and workers alike. 

Talking about your tax planning is incredibly important. Book a tax-planning session to help you plan out your tax liabilities and keep the business in a positive cash flow position.

Are you hiring the best talent for your business culture? We’ve summarised 5 ways to make sure your next hire is a perfect fit for the business.

A solid budget is the foundation for your company’s financial management and success. Here are 4 ways to stay in control of your business budgeting.

A 12 month extension to the $20,000 instant asset write-off (due to end on 30 June 2025) is currently going through the parliamentary process, with an aim to improve cash flows and reduce compliance costs for small businesses.

If you’re only looking back at historic numbers, you limit the insights you’ll gain. Forecasting highlights your future threats and opportunities – and creates a proactive strategy for the future of your business.