Not all business gifts are tax-free—some may trigger Fringe Benefits Tax (FBT) or lose deductibility. Learn how to navigate the ATO’s rules on client gifts, employee rewards, and charitable donations to maximize tax benefits while staying compliant.

The Federal Court has denied the ATO’s appeal in the Bendel case, reaffirming that unpaid trust entitlements (UPEs) to corporate beneficiaries are not loans under Division 7A. This decision challenges the ATO’s long-held stance and could impact tax planning strategies for trusts and companies. However, uncertainty remains as the ATO may seek further appeal or legislative changes. Stay informed on the latest developments and what they mean for your business.

Running an e-commerce business comes with unique tax opportunities and obligations. From inventory management to online advertising costs, knowing what you can deduct can make a significant difference in your bottom line. In this blog, we’ll cover key deductions available to e-commerce businesses, including website expenses, software subscriptions, shipping costs, and home office deductions. Understanding these rules can help you reduce tax liabilities and keep your business financially efficient. Read on to ensure you're claiming every deduction you’re entitled to.

Div 7A loans can be a valuable tool for business owners looking to manage personal cashflow, but they come with specific tax and repayment requirements. Whether you're a director looking to borrow from your company or planning your next big purchase, it's crucial to understand the ins and outs of these loans to avoid unexpected tax implications. This guide breaks down what Div 7A loans are, how they work, and what to consider before borrowing.

Effective tax planning helps ensure compliance, reduce tax liabilities, and optimise financial decisions. From structuring investments to managing capital gains and trust distributions, strategic planning can prevent costly surprises and maximise opportunities. Engaging in tax planning before June 30 allows individuals and businesses to take full advantage of available tax benefits.

Determining an individual’s tax residency is a critical first step in calculating taxable income in Australia.