Insights —
Payday Super Is Coming: What SME Employers Need to Do Before 1 July 2026
Payday Super: What SME Employers Need to Know. For many employers, superannuation has traditionally been something dealt with quarterly. You calculate it, set funds aside, make the payment and move...
Orbit Joins Prime Partners: A conversation with Greg Dennis and James Carey.
Orbit Accounting has joined Prime Partners. This marks an important step in strengthening the service and support clients receive. In this interview, Greg Dennis, Co-founder of Orbit, and James...
What you need to know about FBT 2025
FBT 2025: What you need to know The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT exemption for electric cars Providing equipment to...
Important EOFY 2024 Update for Self Managed Superannuation Funds
Our 2024 EOFY update and actions for Self Managed Superannuation Funds will give you an overview of tax changes and some actions you can take to reduce your tax exposure and minimise risk of an...
Important EOFY 2024 Update for Small Business Enterprises
Our 2024 EOFY update and actions for Business will give you an overview of tax changes and some actions you can take to reduce your tax exposure and minimise risk of an audit. Reducing your tax...
What you need to know about FBT 2024
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT updates and problem areas FBT exemption for electric cars Work from home...
The Problem When the Evidence Doesn’t Match What the Taxpayer Tells the ATO
A recent case before the Administrative Appeals Tribunal (AAT) highlights the importance of ensuring that the evidence supports the tax position you are taking. The case involves heritage farmland...
Contractor or Employee?
Just because an agreement states that a worker is an independent contractor, this does not mean that they are a contractor for tax and superannuation purposes, new guidance from the ATO warns. Where...
Can my SMSF Invest in Property Development?
Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax during retirement, is a strong incentive for many SMSF trustees...
Stage 3 Tax Cuts
The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government. What will change? It's not a sure thing...
Division 293 Tax on Super Contributions by High-Income Earners
Division 293 Tax: What You Need to Know Here's a summary of what you need to know about Division 293 Tax: What is Division 293 Tax? How will you know if you owe the tax? How is Division 293...
Important EOFY 2023 Actions for Individuals
Our 2023 EOFY update and actions for individuals will give you an overview of tax changes and some actions you can take to reduce your tax exposure and minimise risk of an audit. Reducing your tax...