With tax season upon us the ATO has revealed its four areas of focus this tax season. We start with recordkeeping requirements.

We clear the confusion (as much as possible) on the 120% deduction for skills training and technology announced in the Federal Budget.

We look at the ample number of changes coming into force from 1 July 2022.

Can you claim a deduction for your gym membership? The administrative appeals tribunal clarifies.

The temporary halving of excise and excise equivalent customs duty rates has caused a reduction in fuel tax rates.

Every business that employs contractors should have a process in place to ensure the correct classification of employment arrangements.

The 2022-23 Federal Budget is a safe, ballot box friendly Budget as expected with a focus on cost of living, homeownership, and health.

This measure enables an asset’s cost to be fully deductible upfront rather than being claimed over the asset’s life, regardless of the cost.

The ATO released guidance that targets how trusts distribute income. Many family groups will pay higher tax as a result of this new approach

The ATO’s finalised position on the allocation of profits from professional firms starts July 2022 with two gateway tests.

A lighter look at the complexity of Australian taxation laws and the year that has been.

Every year, we get asked about the tax impact of various Christmas or holiday-related gestures. Here are your top issues.

It was a privilege to spend some time with Nathan at Katapult Design to find out what makes his business tick and how Collins Hume helps.

Many employers are looking to bring a little bit of cheer to their employees this Christmas. Here's how not to let tax spoil the party.

Christopher Atkinson discusses the latest guidance from the ATO in our video summary of the commonly asked questions about cryptocurrencies.

The Australian Taxation Office recently updated its guidance on tax and cryptocurrency.

Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. Read why.