Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the ATO has released new details on electric vehicles.

The general transfer balance cap (TBC) will increase by $200,000 on 1 July 2023 to $1.9 million.

Carol Holton, an integral member of our team, has decades of experience. As the "mother" of the firm Carol has also seen Collins Hume grow.

The ATO has published a range of starter questions they will be asking to scrutinise claims on holiday homes.

It's our birthday month — thanks to all our clients who choose Collins Hume to help them in business and in life!

The ATO has ‘refreshed’ the way deductions for the costs incurred when working from home are claimed.