Bendigo Accounting & Finance Blog

The Australian Taxation Office (ATO) has issued a timely reminder about the importance of maintaining accurate and thorough records for all work-related expenses. Proper record-keeping isn’t just a compliance obligation—it’s essential for maximising your deductions and ensuring your tax return is accurate.

As we look forward to the new financial year, the landscape of personal tax, superannuation, wages, interest rates, and business confidence presents both opportunities and challenges. Let’s delve into what you can expect and how to strategically position yourself for success.

As the end of the financial year rapidly approaches, it's crucial to be aware of areas under increased scrutiny from the Australian Taxation Office (ATO) and the opportunities available to maximise your deductions. Whether you're an individual taxpayer or a business owner, our comprehensive guide will help you navigate this tax season effectively and ensure you're making the most of every opportunity.

As the dust settles from this year’s budget announcement last week, we’ve focussed in on a few positive outcomes that will hopefully help ease the pressure on struggling households and small businesses.

As the curtain falls on another Fringe Benefits Tax (FBT) year (31 March 2024) employers and employees alike must stay abreast of the updates and intricacies that shaped the landscape.

As we inch closer to the FBT year's end on March 31, it's crucial for businesses to sharpen their pencils and ensure they're not caught off-guard. Let's dive into the key areas that demand your attention.