November 2025 – Practice Update

ATO reminder: Business expenses that can (and cannot) be claimed Taxpayers can claim a tax deduction for most business expenses, provided they meet the ATO’s three ‘golden rules’: The expense must be for business use, not for private use. If the expense is for a mix of business and private use, they can only claim...

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October 2025 – Practice Update

Correctly dealing with rental property repairs Taxpayers who have had work done on their rental property should ensure the expense is categorised correctly to avoid errors when completing their tax return. A deduction for ‘repairs and maintenance’ expenses can be claimed for work done to remedy, or prevent defects, damage or deterioration from using the...

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September 2025 – Practice Update

ATO to include tax ‘debts on hold’ in taxpayer account balances From August 2025, the ATO is progressively including ‘debts on hold’ in relevant taxpayer ATO account balances. Editor:  A ‘debt on hold’ is an outstanding tax debt where the ATO has previously paused debt collection actions.  Tax debts will generally be placed on hold...

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