top of page

News
Our Certified Practising Accountants report on the latest accounting news, and address your most common questions relating to accounting, bookkeeping, company tax, individual tax returns, self managed super funds and more.
Individual
Have an ATO Debt? What Brisbane Business Owners Need to Know in November 2025
Many Brisbane businesses are feeling the pressure of increased ATO activity this year. If you have an ATO debt or are worried about falling behind, understanding what the ATO is monitoring can help you take sensible steps before issues grow. This guide outlines the main areas on the ATO’s radar right now and gives some workable suggestions to help you steady your tax position. Groups Currently Receiving Closer ATO Review Late or non-lodgers - Individuals or groups who del
Nov 283 min read
ATO Update on Tax Claims including a Holiday Home
If you own a holiday home and claim tax deductions for it, the ATO might start paying closer attention this year. The ATO are now using AI tools that show whether a property is truly being rented out or mainly used for personal use. The old approach of listing a property occasionally and claiming full deductions is no longer safe. Why the ATO Is Doing This Holiday homes have become an area of concern because many owners claim large deductions even when the property is rar
Nov 282 min read
ATO offering 20% Discount on HELP/HECS Debt
The government is applying a 20% reduction to all eligible student and training debts that existed on 1 June 2025. If you have multiple loans, each one will receive its own 20 percent cut. Why the Government Is Doing This The reduction is part of a national effort to ease cost of living pressures. It aims to support Australians who are still repaying study loans, especially younger people who are managing major life costs such as careers, renting, starting families or sa
Nov 281 min read
bottom of page
