The Australian Taxation Office (ATO) has issued an Interim Decision Impact Statement on the recent case of Hall and Commissioner of Taxation [2025] ARTA 600—a decision that could reshape how certain tax deductions are claimed in Australia. This case revolves around whether a taxpayer can claim deductions for home occupancy expenses and car expenses under […]
A recent case, Hall and FCT [2025] ARTA 600, is making waves in the Australian tax community—and it could have big implications for employees who claim home office or car expenses in their tax return. The AAT (Administrative Appeals Tribunal) found that the taxpayer in this case was entitled to claim occupancy and car expenses,
ATO Under Pressure on Work-Related Deductions: What the Hall Case Could Mean for You Read More »
The Australian Taxation Office (ATO) has released the latest travel and meal allowance rates for the 2025–26 financial year under Taxation Determination TD 2025/4. These updated figures apply to employees who claim deductions for meal and travel expenses when working overtime or travelling for work, both domestically and overseas. Understanding these updates is essential for
ATO Updates: 2025–26 Reasonable Travel & Meal Allowance Limits Read More »
The Australian Taxation Office (ATO) has recently released two draft legislative instruments that could affect the way you manage tax depreciation and payroll withholding. These proposed changes may benefit business owners and employers across multiple industries, but understanding them—and applying them correctly—is key. If your business owns assets or pays allowances to employees, here’s what
Two Important ATO Draft Updates: What They Mean for Your Business Read More »
The Australian Government has announced a new Grid Enhancing Technologies (GET) program, offering grants of up to $5 million to businesses and organisations that can help improve the performance of Australia’s electricity grid. If your company is involved in renewable energy, power technology, research or infrastructure, this is an exciting chance to access substantial funding—up
$5 Million Grant Opportunity: Powering Australia’s Renewable Energy Future Read More »
The Australian Border Force (ABF) has released its latest Goods Compliance Update, highlighting where importers and exporters are getting caught—and what steps businesses should take to stay on the right side of customs and GST rules. At Boa & Co. Chartered Accountants, we closely monitor updates like these to keep our clients protected from unnecessary
ABF Compliance Crackdown: What Importers and Exporters Must Know in 2025 Read More »
If your business is planning to claim the Research & Development Tax Incentive (RDTI), important changes are on the horizon. The Department of Industry, Science and Resources (DISR) has announced that a new R&D registration application form will go live in mid-August 2025. For many innovative businesses—especially startups, tech firms, or companies in scientific fields—this
If you own a company or hold a business name in Australia, important changes are coming your way. From 1 July 2025, the Australian Securities and Investments Commission (ASIC) will increase its fees across many commonly lodged documents—including company registrations, business name renewals, and late lodgments. For many small to medium businesses—especially those managed by
ASIC Fee Increases from 1 July 2025: What Business Owners Need to Know Read More »
As we enter the 2024–2025 financial year, the Australian Taxation Office (ATO) has made it clear: privately owned and wealthy groups are in sharp focus. With increased resources dedicated to data analytics, audits, and education, businesses should take this opportunity to review their compliance strategies—before the ATO comes knocking. At Boa & Co. Chartered Accountants,
In the past, retirement meant completely stepping away from work. But today, for many Australians—especially those from hardworking, family-oriented communities like ours—retirement is more flexible than final. In fact, over one-third of Australians aged 65–69 are still working or looking for work. Some want to stay active, some want to keep earning, and others simply
Retirement Reboot: What You Should Know Before Returning to Work Read More »