An election budget if there ever was one. Complete with the smoke and mirrors of tax cuts for taxpayers, hidden surprises like $3.2 billion of unannounced decisions, ignoring altogether welfare recipients and of course the promise of a budget surplus!

It is safe to say that after the ATO’s successful focus on work related deductions over the last few years. This year clients with rental properties are likely to be under scrutiny.

Single Touch Payroll is coming!

All Employers! From 1 July you’ll need to start reporting through Single Touch Payroll (STP) if you have one or more employees.

Instant Asset Write Off to increase to $25,000!

The government has announced plans to increase the Instant Asset Write-off!