Permanent $20,000 instant asset write-off and new loss carry-back rules Australian businesses have received a welcome boost, with Parliament passing two significant tax measures designed
Payday Super (PDS) starts now (1 July 2026) Employers must shift from quarterly super payments to real-time compliance, paying super contributions much more frequently. Core
As we approach the end of the financial year, now is the time to review upcoming tax changes and identify opportunities to manage tax, cash
The 2026–27 Budget delivers the most significant structural tax changes in many years. The reforms to negative gearing, CGT and discretionary trust taxation will require careful planning for many of our clients.
At Seed Accounting, we keep a close eye on ATO activity so you don’t have to. This month’s update highlights key compliance risks and upcoming
What You Need to Know in 30 Seconds ATO draft guidance changes holiday home tax rules Certain holiday homes may now be treated as leisure facilities under section 26-50 Deductions denied unless the
On October 13, 2025, the Federal government announced sweeping changes to the proposed $3m Super tax (Division 296). These revisions follow concerns from taxpayers, and
Now that we’re well into the 2025/2026 Financial Year, there are some key changes in tax, superannuation and compliance effective from 1 July, that are
Tax Planning for 2025: Key Strategies Before 30 June 2025 As we approach the end of the 2024–25 financial year, now is the time to
The Government’s big moment in the 2025-26 Federal Budget was the personal income tax cuts. Income tax cuts are a dazzling headline but in reality
Read our detailed information on updates and changes to Fringe Benefits Tax in 2025: Click Here for FBT Information
From July 1, 2024, the ATO has significantly increasing its compliance and lodgment enforcement activities. This means stricter measures to ensure taxpayers meet their obligations on time. Here’s what you need to know to stay compliant and avoid penalties.
The Land Tax net is widening in Victoria for Vacant residential properties From January 1, 2025, the Victorian Government’s Vacant Residential Land Tax (VRLT) will
Navigating the complexities of tax planning can significantly impact your financial health and help you achieve long-term goals. Whether you’re looking to minimise tax liabilities,
Workers will now get more super with the Superannuation Guarantee Charge (SGC) rate increasing to 11.5% from 1 July 2024. They will also be able
The Australian Taxation Office (ATO) is stepping up its efforts to ensure businesses comply with employment tax obligations through an intensive and comprehensive approach. As
Individuals & Families Energy price plan relief From July 2023 $1.5bn has been provided over 5 years to provide targeted energy bill relief and progressing
It has certainly has been a busy year. Freedom from lockdowns, war, floods, two federal governments – not to mention a number of significant tax
On 25 October 2022, Treasurer Jim Chalmers announced Labor’s 2022 Federal budget. This Budget is handed down in stark contrast to the Liberal government’s May 2022
What is the Foreign Purchaser Additional Duty (FPAD)? Introduced on 1 July 2015, the FPAD is a surcharge payable by, amongst other entities, Foreign Trusts
In a court of law you are ‘innocent until proven guilty’? However, when it comes to an ATO audit, it’s the reverse. The ATO do
Whether you’re running a business or are just an individual trying to make ends meet, there is nothing worse than finding yourself in a situation
The payment of goods and services tax (GST) in respect of certain new residential property sales has recently been turned on its head! Commencing 1
