The ‘Airbnb’ Tax

Property investors who choose to utilise their property for short-term stays (or leave it vacant) are firmly in the sights of the regulators.

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The Billion Dollar TikTok Tax Scandal

$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators and over 100 arrests to date. How did the TikTok tax scandal get out of control?
“Everyone else got refunds, it’s OK,…

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What changed on 1 July 2023?

Employers and business

Superannuation guarantee increases to 11% from 10.5%National and Award minimum wage increases take effect.
The minimum salary that must be paid to a sponsored employee – the Temporary Skilled Migration Income Thres…

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Tax Savings for Individuals

It’s that time of year when we all look at what last minute things we can do to maximise tax savings.

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Tax savings for your business

Bring forward the purchase of assets
If there are large assets your business needs to buy (or upgrade), you have until 30 June 2023 to use the temporary full expensing rules. These rules enable businesses with an aggregated turnover of up to…

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