Rental property tax deductions can be tricky. Learn about common mistakes involving loan interest, repairs, capital works and private use, and how to avoid incorrect claims.

Knowing how the car threshold rules work before signing a contract can help you make a more informed decision and potentially improve your overall tax and cash flow position.

We unpack the ATO’s escalating focus on work-vehicle FBT issues, where misunderstood exemptions and poor record-keeping are driving significant audit activity.

With the purchasing of luxury vehicles on the rise it’s important to be aware of some specific features of the tax system that can impact on the real cost of purchase.

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

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