Simplified Transfer Pricing Record Keeping: What PCG 2017/2 Means for Australian Businesses
May 12, 2026
Transfer pricing compliance is a key area of focus for the ATO, particularly for businesses with cross-border transactions. However, not every taxpayer is required to maintain extensive doc...
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Asset Protection and Wealth Succession Guide
May 8, 2026
Asset protection is not only for high-net-worth individuals or business owners. Anyone who owns property, investments, superannuation, or business interests should consider how their wealth...
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Updated ATO guidance on “employer” definition under TR 2013/1 – key court findings on employment status and tax treaty rules
April 29, 2026
The Australian Taxation Office has released a draft Addendum to TR 2013/1, updating how the term “employer” is interpreted for the short-term visit exemption under Australia’s tax tre...
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Updated Transfer Pricing Guideline – PCG 2019/1: What It Means for Inbound Distributors
April 29, 2026
The Australian Taxation Office (ATO) has released an updated version of Practical Compliance Guideline PCG 2019/1, providing revised guidance on transfer pricing risks associated with inbou...
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Compulsory TFN Reporting for Trust Beneficiaries
March 11, 2026
The Treasury has released draft rules requiring trustees of closely held trusts to report beneficiaries’ Tax File Numbers (TFNs) in the trust tax return, starting 1 July 2026.
When You...
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2026–27 Super Contribution Caps and Thresholds
March 6, 2026
Understanding the latest superannuation contribution limits is important for both employers and business owners. The 2026–27 financial year introduces updated thresholds that may affe...
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Division 7A Loans and TD 2025/6: What Business Owners Need to Know
October 20, 2025
The Australian Taxation Office (ATO) has released Taxation Determination TD 2025/6, which directly affects Division 7A loans, interposed entity arrangements, and loan guarantees. With retro...
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ATO Finalises New Effective Life Determination for Depreciating Assets – 2025 Update
October 16, 2025
The Australian Taxation Office (ATO) has released a new legislative instrument that finalises the effective life of certain depreciating assets for tax depreciation purposes.
The new det...
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Simplified Accounting Method for Food Retailers – GST Updates from 9 September 2025
October 16, 2025
The Australian Taxation Office (ATO) has confirmed that eligible food retailers, such as small supermarkets and convenience stores, can continue to use the Simplified Accounting Method (SAM...
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Family Trust Distribution Tax (FTDT) – Key Updates and Solutions for Trustees
October 2, 2025
The Family Trust Distribution Tax (FTDT) remains a significant concern for trustees and advisers, especially with the Tax Avoidance Taskforce Trusts Program prioritising FTDT compliance. Un...
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