Following the recent release of the December 2025 quarter average weekly ordinary times earnings (AWOTE) the annual concessional contribution (CC) cap will increase from $30,000 to $32,500 from 1 July 2026. The annual non-concessional contribution...

As tax time approaches, so does the annual spike in scam calls pretending to be from the ATO. These calls are becoming increasingly convincing — and increasingly costly for those who get caught by them....

5 June Lodge tax returns due for individuals and trusts with a lodgment due date of 15 May 2026 provided they also pay any liability due by this date. Lodge tax return for companies and...

The Better Targeted Superannuation Concessions measure (known as the Division 296 tax) is now law and takes effect from 1 July 2026. For those with large super balances, it’s important to understand what the new...

12 May Activity statements Quarter 3 (January–March) activity statements lodged electronically – final date for lodgment and payment 15 May Not-for-profit (NFP) income tax returns Final date for taxable NFPs to either lodge an income...

The ATO is turning up the heat on employers who provide work vehicles for private use. Sophisticated data-matching means assumptions and shortcuts can quickly lead to audits, penalties, interest charges—and even reputational damage. You can...

Australian workers wanting to claim tax deductions for expenses related to working from home may face a higher hurdle for doing so after the Federal Court ruled against a Melbourne man who claimed part of...

Victorians can soon apply for 20% off their vehicle registrations. From Monday 1 June to Friday 31 July 2026 Victorians can apply for a 20% rebate on their vehicle registration payments. This will save the...

Payday Super is a change to how you calculate and when you pay your employees’ super guarantee. From 1 July 2026 you must pay employees their super guarantee on payday, at the same time as...

Running a successful business is hard work—and sometimes, despite best intentions, tax obligations slip. If the business is being operated through a company structure, then the ATO can potentially issue a Director Penalty Notice (DPN),...

Self-managed superannuation funds (SMSFs) can offer significant flexibility, allowing the members to make investments and enter arrangements that may not be available through retail or industry superannuation funds. However, being an SMSF trustee does come...

21 April Lodge and pay quarter 3, 2025–26 PAYG instalment activity statement for head companies of consolidated groups. Lodge and pay March 2025 monthly business activity statement. 28 April Lodge and pay quarter 3, 2025–26...

The ATO is warning small businesses that it is focusing on poor compliance behaviours. Small businesses are sole traders, companies, trusts or partnerships that operate a business for all or part of the financial year,...

The ATO is focusing on the property and construction industry, where it continues to see ongoing issues with paying the correct amount of tax and GST compliance. The ATO continues to see some small businesses...

The ATO is reminding taxpayers who have home-based businesses of the impact this can have when it comes to accessing the main residence exemption and the small business CGT concessions. Eligibility for the main residence...

21 March Lodge and pay February 2026 monthly business activity statement. 31 March Lodge tax return for companies and super funds with total income of more than $2 million in the latest year lodged (excluding...

Do you own a holiday home that you sometimes rent out? The ATO has just released draft guidance that could change how you claim your holiday home rental income and expenses. The updates specifically target...

As the end-of-year season approaches, it’s a great time to celebrate with your employees and show appreciation for their hard work throughout the year. However, it’s essential to understand the potential tax implications, particularly concerning...