Education

The Australian Taxation Office is contacting taxpayers and tax agents who have repeatedly varied their pay-as-you-go (PAYG) instalments to nil, reinforcing that variations need to be realistic and supportable.

The Australian Taxation Office has warned tax professionals to be on guard against cyber criminals targeting their practices through malicious emails, links and attachments.

The Australian Taxation Office is encouraging businesses and investors to review their pay-as-you-go (PAYG) instalments after confirming an increase to instalment amounts for 2026–27.

A significant tax change has become law: eligible companies that make a tax loss will again be able to carry that loss back against tax paid in earlier years and potentially receive a refundable tax offset.

Employers who allow staff to salary sacrifice work-related items and expenses should prepare for changes to theFringe Benefitstax (FBT) rules.

Businesses that receive government payments to deliver services have been reminded by the Australian Taxation Office that those payments can carry tax obligations and need to be reported correctly.

The transition to Payday Super changed how employers need to deal with a missed final quarterly super payment.