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.

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.