'Wild' tax deduction attempts
The Australian Taxation Office (ATO) recently revealed some of the 'wild' work related expense tax claims people have tried to "put past" the ATO, including the following:
2025 05 May Client Newsletter
How to manage business day-to-day transactions
The ATO has the following tips for small business owners "that can make your tax life easier":
2025 03 StewartBrown Aged Care Financial Performance Survey Analysis Report (December 2024)
Please find attached the December 2024 Aged Care Performance Survey Analysis Report, covering the 6-month period from 1 July to 31 December. This report includes detailed financial and supporting data from 1,168 aged care homes (96,627 beds/places) and 77,750 home care packages across Australia. Below is an overview of some results and commentary.
Click here to download a PDF copy of the Stewartbrown Aged Care Financial Performance Survey Analysis report for December 2024 (Six months).
2025 04 April Client Newsletter
ATO's new focus for small business
The ATO is currently focusing on the following 'specific risk areas', where it is concerned "small businesses are getting it wrong":
2025 03 StewartBrown FBT Newsletter
The Fringe Benefits Tax (“FBT”) year ended on 31 March 2025 and each employer is required to calculate their liability for FBT. Where a liability for FBT exists, an annual return is required to be lodged and any tax paid by 21 May 2025. However, if the return is lodged electronically by a Tax Agent the due date of lodgement and for payment is 25 June 2025.
