ATO General Interest Charges No Longer Deductible from 1 July 2025
Starting from 1 July 2025, significant changes will take effect regarding the deductibility of interest charges imposed by the Australian Taxation Office (ATO). Read more here.
ESIC Eligibility, Benefits & Pitfalls
The ATO has recently issued a taxpayer alert regarding cases where early-stage investor tax offsets have been claimed in respect of shares received via financing arrangements that “appear designed to artificially meet the conditions for claiming the maximum tax offset”. This article provides a refresher on the potential benefits and pitfalls of falling into the ESIC regime.
Western Queensland Rainfall and Flooding Disaster Loans
Financial assistance is available for small and family businesses impacted by flooding in Western Queensland. Read more about the support available, here.
Ex-Cyclone Alfred Disaster Support
Disaster recovery grants are now available to small and family businesses in 16 local government areas that were impacted by ex-Tropical Cyclone Alfred. Read more here.
Changes to HECS-HELP Repayments – what it means for young professionals and family groups
The Australian Government has announced reforms to the HECS-HELP repayment system, effective from 1 July 2025. Read on for what this may mean for young professionals and family groups.
Crypto vs Traditional Investments, Navigating the Tax Maze in Australia
As cryptocurrency adoption grows, many investors are diversifying their portfolios with both
digital and traditional investments. However, there are different considerations that need to
be contemplated in relation to the different types of investments. Read more about navigating the tax maze in Australia here.
