top of page


Instant asset write-off threshold finally confirmed
The $20,000 instant asset write-off for the 2024–25 financial year has finally been passed into law.

Collins Hume
May 14
Â


Deductions denied for ATO interest charges from July
From 1 July 2025, GIC & SIC will no longer be tax deductible. Here’s what it means for anyone with ATO debt.

Collins Hume
Apr 22
Â


The top FBT risk areas
We cover the top FBT risk areas and how to manage them effectively, including common pitfalls and how to stay compliant.

Collins Hume
Mar 13
Â


Tax and tinsel Q&As
What can you do to make the staff Christmas party tax deductible or tax-free?

Collins Hume
Dec 16, 2024
Â


Property and ‘lifestyle’ assets in the spotlight
Own an investment property or an expensive lifestyle asset? The ATO are ensuring what has been declared in tax returns matches up.

Collins Hume
Sep 18, 2024
Â


$20k instant asset write-off passes Parliament
Legislation increasing the instant asset write-off threshold for the 2024 income year passed Parliament last month.

Collins Hume
Jul 12, 2024
Â
bottom of page






