From 1 July 2026, the Australian Government will increase the Luxury Car Tax (LCT) thresholds for the 2026–27 financial year.
The updated thresholds are:
$91,661 for fuel-efficient...Read MoreRead More
As we move into the 2026–27 financial year, several important changes will affect Australian businesses. From wage increases and superannuation reforms to tax incentives and compliance re...Read MoreRead More
The Australian Taxation Office (ATO) has released the Draft Income Tax Assessment (Cents per Kilometre Deduction Rate for Car Expenses) Determination 2026, confirming updated rates for work...Read MoreRead More
ASIC has confirmed updated statutory fees effective 1 July 2026, reflecting annual CPI indexation. These changes impact company registrations, annual reviews, name changes, and business nam...Read MoreRead More
The Australian Taxation Office (ATO) has released new guidance clarifying the tax treatment of rental property income and deductions for individual property investors, particularly in relat...Read MoreRead More
The Federal Treasurer has announced significant changes to the Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs). The current full FBT exemption for eligible EVs will grad...Read MoreRead More
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...Read MoreRead More
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...Read MoreRead More
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...Read MoreRead More
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...Read MoreRead More
