If you are a company director in Australia, it’s crucial to understand the implications of a Director Penalty Notice (DPN). At Gavin Ma & Co Accountants, we help business owners navig...Read MoreRead More
The Australian Taxation Office (ATO) has released a Decision Impact Statement (DIS) following the Federal Court's ruling in Simplot Australia Pty Limited v FCT [2023] FCA 1115. This case fo...Read MoreRead More
The Australian Taxation Office (ATO) has released a significant Addendum to Taxation Ruling TR 2004/18, providing updated guidance on CGT event K6 under section 104-230 of the Income Tax As...Read MoreRead More
In a landmark move fulfilling a key election promise, the Australian Government has introduced new legislation designed to ease the burden of student debt. The Universities Accord (Cutting ...Read MoreRead More
The Australian Taxation Office (ATO) has issued Taxation Determination TD 2025/4, outlining the reasonable travel and overtime meal allowance amounts for the 2025–26 income year. These be...Read MoreRead More
If your private company provides loans to shareholders or their associates, Division 7A of the Income Tax Assessment Act 1936 is likely on your radar. A key part of Division 7A compliance i...Read MoreRead More
The Department of Home Affairs, including the Australian Border Force, has issued a notice that it will obtain data from the ATO to identify whether business sponsors are complying with t...Read MoreRead More
July 1, 2025, the Australian Securities and Investments Commission (ASIC) will implement fee increases across a range of commonly lodged documents. These changes impact companies, business ...Read MoreRead More
The 2025 FBT year ended on 31 March 2025. Employers must review their FBT obligations to ensure compliance and minimize liabilities.
Key FBT Updates for 2025
1. FBT Rates Remain ...Read MoreRead More
The government has announced a 2-year ban on foreign investors purchasing established homes, effective 1 April 2025 to 31 March 2027, to ease housing market pressure.
The new ban appli...Read MoreRead More
