Self-education: What can you claim?

Self-education: What can you claim?

The Australian Taxation Office has released a new draft ruling on self-education expenses. We revisit the deductibility of self-education expenses and what you can and can’t claim. Suppose you undertake study connected to your work. In that case, you can...
$20k deduction for ‘electrifying’ your business

$20k deduction for ‘electrifying’ your business

Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction! The small business energy incentive is the latest measure providing a bonus tax deduction...
The case of the taxpayer who was paid too late

The case of the taxpayer who was paid too late

What a difference timing makes. A recent case before the Administrative Appeals Tribunal (AAT) is a reminder about the tax impact of the timing of employment income.  In this case, the taxpayer was a non-resident working in Kuwait. As part of his work, he was entitled...
The shape of Australia’s future

The shape of Australia’s future

What will Australia look like in 40 years? We look at the key takeaways from the Intergenerational Report. The 2023 Intergenerational Report (IGR) is a crystal ball insight into what Australian society will look like in 40 years and the community’s needs as we...
The billion dollar TikTok scandal

The billion dollar TikTok scandal

$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators and over 100 arrests to date. How did the TikTok tax scandal get out of control? “Everyone else got refunds, it’s OK, it’s just a...