You may have seen alarming claims online about big changes to superannuation coming in from 1 June 2025. Don’t panic—the Australian Taxation Office (ATO) has confirmed that these rumours are false. What’s Being Said—And What’s Actually True Misinformation is spreading across websites and social media, including claims that: None of this is true. There are […]
Whether it’s background tunes in a café, energising beats in a gym, or ambient music in a retail store, music can set the tone for your business. But did you know you may need a license to legally play music in your workplace? Why You Need a License Most music is protected by copyright. Playing […]
If you run a small business, there’s good news this tax time: the $20,000 instant asset write-off has been extended until 30 June 2025. This extension, announced in the 2024–25 Federal Budget and now officially law, gives small businesses more time to invest in equipment and claim immediate tax deductions. What Is the Instant Asset […]
If you’ve been working from home (WFH), you may be able to claim tax deductions for some of your expenses—but only if you meet certain conditions. Are You Eligible to Claim WFH Expenses? To claim WFH deductions, you need to be genuinely working from home to do your job—not just checking the occasional email or […]
If your child earns money or has savings, it’s worth knowing how tax rules apply to them. Whether it’s interest from a bank account, dividends from shares, or even part-time job earnings, some income may be taxable—even for kids. Who Counts as a “Minor” for Tax? The ATO defines a minor as someone under 18 […]