Businesses claiming Fuel Tax Credits should be aware of changes impacting the April–June 2026 BAS period. The Federal Government has introduced a temporary 32c per litre reduction in fuel excise, alongside a three-month reduction of the heavy vehicle road user charge...
In an Uber the other day, the driver revealed that he had become a driver to pay for his second mortgage. He invested in property but with interest rates spiking, the only way he could hold onto the property was to earn additional income. His “day job” starts early...
It is important to lock periods in Xero once they are finalised to prevent any incorrect changes to take place and reports being changed once finalised. Changes can happen accidentally which can cause issues that may not be found until year end. You can change and...
The tax implications and pitfalls of small-scale subdivisions You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications....
In an Uber the other day, the driver revealed that he had become a driver to pay for his second mortgage. He invested in property but with interest rates spiking, the only way he could hold onto the property was to earn additional income. His “day job” starts early...
The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with...
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