Tax

Multinational groups, corporate taxpayers, and foreign investors—are you ready for the ATO’s sweeping new tax return requirements? With Tax Time 2025 on the horizon, the Australian Taxation Office (ATO) has unveiled its updated income tax return forms, schedules, and instructions, introducing significant new disclosure requirements under the reformed thin capitalisation regime and newly introduced debt […]

As Australia tightens its tax transparency rules, large multinational groups—especially those headquartered outside Australia—are now facing significant new reporting obligations. The Australian Taxation Office (ATO) has just released its updated guidance on Public Country-by-Country (CBC) Reporting, and it carries major implications for Chinese parent companies with operations or subsidiaries in Australia. This move is part

In an increasingly volatile global economy, the latest wave of US tariff hikes and trade restrictions has sent ripples across international supply chains. For many Chinese business owners and import-export operators in Australia, the question is not just “what’s happening?”—but more importantly, “how do we adapt and grow amid uncertainty?” Over the past few weeks,

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

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

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

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

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,