Tax

With the Labor Party securing a majority in the recent election, the proposed Division 296 tax—a new superannuation tax targeting large balances—is expected to pass through Parliament with ease. Although there are still some political negotiations ahead, it’s time for individuals with higher super balances to start preparing. At Boa & Co. Chartered Accountants, we’re […]

Lodging your tax return each year might seem like a simple task, but for many taxpayers—especially migrants or those with multiple income sources—it’s easy to make mistakes that delay your refund or even trigger an ATO audit. Whether you’re claiming deductions, reporting income, or just trying to submit your bank details, even a small error

As we approach the end of the 2025 financial year, now is the time to take control of your tax position and make smart financial moves. With rising living expenses, mortgage pressures, and insurance premiums still affecting households and businesses alike, tax planning is no longer a luxury—it’s a necessity. At Boa & Co. Chartered

A recent tribunal decision has delivered an important reminder for businesses claiming the R&D Tax Incentive: to be eligible, your activities must address an unknown outcome — and that outcome must be clearly identified and tested using scientific methodology. At Boa & Co. Chartered Accountants, we regularly assist clients — especially small and medium-sized businesses

As the end of the financial year approaches, many Australians are getting ready to lodge their tax returns. But how can you be sure you’re claiming everything you’re entitled to—without making costly mistakes? At Boa & Co. Chartered Accountants, we work with individuals, families, and retirees across Australia to maximise their tax refunds while staying

When it comes to income tax, many Australians feel they’re paying more than their fair share. According to a new report from the OECD (Organisation for Economic Co-operation and Development), that feeling might not be entirely wrong—but there’s more to the story. Australia’s Income Tax Rate: High at First Glance The OECD data shows that