The ATO recently emailed SMSFs still receiving or lodging activity statements by paper, encouraging them to go paperless.

Don’t miss the deadline! Be sure to make your minimum payment from your pension account by 30 June.

Auditors conducting in-house audits are still on the radar.

Auditors can use Online services for business to request a list of SMSFs that reported their SAN on their annual return.

Find out about the ATO’s refreshed SMSF web content.

Use the ATO updated Small business benchmarks to gain insights on your business’s performance and help you succeed.

If you’re registering your 2023–24 R&D activities, ensure you have detailed records to support your claim this tax time.

Taxpayers can no longer deduct general interest charges (GIC) and shortfall interest charges (SIC) incurred on or after 1 July 2025.

This change applies to GIC and SIC incurred from 1 July 2025 in respect of outstanding or late payments of tax for income years both before and after 1 July 2025. Any GIC and SIC already incurred prior to 1 July 2025 remains deductible for the 2024–25 and earlier income years.

What you need to do to correctly meet your Fringe Benefits Tax (FBT) obligations this FBT tax time.

Use these tips to get your clients’ capital gains tax (CGT) right the first time.