ATO Focus Areas: Common Mistakes to Avoid This Tax Time Each year, the Australian Taxation Office (ATO) announces areas that will receive increased scrutiny during tax time. With enhanced data matching capabilities and access to information from employers, banks, government agencies and other third parties, the ATO is continuing to focus on ensuring taxpayers are [...]

EOFY Compliance Deadlines & Key Dates As the financial year comes to a close, it is important to keep track of key deadlines and compliance obligations. Missing important dates can result in penalties, interest charges or unnecessary administrative issues. Below are some of the key dates and actions businesses should be aware of over the [...]

EOFY Tax Planning & Year-End Opportunities Before 30 June With the end of the financial year fast approaching, now is the time to review your affairs and consider whether there are any tax planning opportunities available to you. While every situation is different, there are a number of strategies that individuals, investors and business owners [...]

Government To Wind Back Electric Vehicle FBT Exemption in Three Stages The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), following recommendations from the Statutory Review of the Electric Car Discount released in May 2026. While the policy continues to support EV uptake, it also [...]

Key 2026–27 Federal Budget Tax Reforms: What They Mean for You The 2026–27 Federal Budget, released on 12 May 2026, has received more attention than most budgets in recent years. With proposed changes to negative gearing, the CGT discount and the taxation of trusts, this is a budget that has the potential to materially impact on [...]

ATO Updates EV Home Charging Rate: What It Means for You The ATO has announced a significant update that will affect anyone using electric vehicles (EVs) or plug-in hybrid electric vehicles (PHEVs) for work or fleet purposes and where the vehicle is charged at the relevant individual’s home. From 1 April 2026 (for FBT purposes) [...]

The ATO Targets FBT on Work Vehicles: Don’t Let Assumptions Cost You 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 see the latest ATO FBT audit warning here: [...]

A Wake-Up Call for Family Businesses on Fringe Benefits Tax As Fringe Benefits Tax (FBT) lodgement season approaches, family businesses should carefully review the perks they provide to working directors and family members. A high-profile case involving luxury vehicles provided to three brothers who run a large business empire through a discretionary trust highlights the [...]