Accountancy & Business Insights

Keep your finger on the pulse with our accountancy & business insights.

Your BAS refunds are under scrutiny after ATO extends notification period The ATO will have additional time to notify a taxpayer if it intends to retain a business activity statement refund for further investigation. The ATO is now

Anthony Pratt 12/6/25 Anthony Pratt 12/6/25

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Market Update: Rate Cut Expectations Strengthen As of 30 May 2025, market data suggests a 73% probability of a cash rate cut at the Reserve Bank of Australia’s upcoming meeting on 8 July. April’s inflation held steady at 2.4%, remai

Anthony Pratt 2/6/25 Anthony Pratt 2/6/25

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2025 Year-End Tax Planning : Key Updates and Action Points for Small Business Owners As the 2025 financial year draws to a close, small business owners are encouraged to review several legislative updates and practical tax planning

Anthony Pratt 1/6/25 Anthony Pratt 1/6/25

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📢 Tax Update: Bendel Case – Key Issues for Trusts and Division 7A With financial year-end approaching, it is important for business owners using trust structures to be aware of a major tax case that may affect how unpaid trust entitle

Anthony Pratt 1/6/25 Anthony Pratt 1/6/25

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Reducing the uncertainty: performance monitoring and analysis Staying one step ahead of economic uncertainty means having the right performance metrics at your fingertips. We highlight 5 ways to track, monitor and analyse your perfo

Anthony Pratt 31/5/25 Anthony Pratt 31/5/25

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What makes a business expense tax deductible? The ATO recently published some ‘wild claims’ that business owners had tried to make for business expenses. But what CAN you claim and what CAN’T you claim? We have the answers. What Busin

Anthony Pratt 30/5/25 Anthony Pratt 30/5/25

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Payday Super Big Change for Small Business. What could it mean for your small business? Payday super is due to begin in July 2026. Is your payroll process ready? We outline the key requirements and how payday super could impact yo

Anthony Pratt 28/5/25 Anthony Pratt 28/5/25

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Labor's $1,000 instant deduction aims to simplify claiming work-related deductions The newly re-elected Albanese Labor Government aims to simplify claiming work-related tax deductions and provide cost-of-living relief by introducing a $1

Anthony Pratt 19/5/25 Anthony Pratt 19/5/25

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Get insight into recent tax developments, measures and announcements, and more. Explore the key Budget measures, tax changes, and impacts on individuals and businesses in our detailed analysis. Insights Magazine - May 2025 A

Anthony Pratt 8/5/25 Anthony Pratt 8/5/25

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Your upcoming tax calendar for May and June 2025 With the end of the current tax year upon us, please do not forget about your final tax obligations for 2025. Here is a list of key tax dates for May and June 2025. The end of the cur

Anthony Pratt 8/5/25 Anthony Pratt 8/5/25

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Tax Measures Proposed by the Re-Elected Australian Labor Party The Australian Labor Party has been re-elected to form government with a majority following the 2025 Federal Election. During the election campaign, the Australian Labor Par

Anthony Pratt 7/5/25 Anthony Pratt 7/5/25

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Electricity prices are on the rise: how can you minimise your costs? If you run a small business on the East Coast, you could soon see your electricity bills climb by between 4.2% and 8.2%. That’s the latest from the Australian Energy Re

Anthony Pratt 6/5/25 Anthony Pratt 6/5/25

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Restructuring or Selling Your Business? We Are Here to Help You Succeed Running a business comes with many challenges, but it also brings rewarding opportunities—especially when it comes to important decisions like restructuring or sel

Anthony Pratt 5/5/25 Anthony Pratt 5/5/25

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Election 2025: Federal Election 2025: Policy Update for Business and Individuals Election Date: Saturday, 3 May 2025 With the Federal Election fast approaching, both major parties have announced a range of policies aimed at easin

Anthony Pratt 1/5/25 Anthony Pratt 1/5/25

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Year-end tax planning opportunities & risks With the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny. Opportun

Anthony Pratt 28/4/25 Anthony Pratt 28/4/25

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The ATO’s updated small business benchmarking tool  The ATO has updated its small business benchmarks with the latest data taken from the 2022–23 financial year. These benchmarks cover 100 industries and allow small businesses to

Anthony Pratt 28/4/25 Anthony Pratt 28/4/25

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