Fringe Benefits Tax (FBT) 2025
From au.andersen.com: Fringe Benefits Tax (FBT) 2025 outlines the latest updates on tax rates, exemptions, and management of FBT obligations.
Month: March 2025 AWST
Accountants now captured in LMI waiver expansion
From www.accountantsdaily.com.au: National Australia Bank has expanded its lenders mortgage insurance waiver to include accountants, alongside other professionals like lawyers and medical practitioners, allowing … read more
Trustees have no fiduciary duty to predecessors
From www.khq.com.au: The High Court ruled in Naaman v Jaken Properties Australia Pty Limited that a successor trustee does not owe a fiduciary duty … read more
Uncertainty over Trump’s tariff regime
From michaelwest.com.au: Australia’s Treasurer, Jim Chalmers, has expressed concerns regarding potential reciprocal tariffs from the United States announced by President Trump, particularly about the … read more
Compassionate release of super: ATO discretion
From www.smsfadviser.com: Compassionate release of super benefits from an SMSF requires approval from the ATO.
Conditions for release include preventing mortgage foreclosure, medical expenses, … read more
Australia’s future depends on climate policy
From fsc.org.au: Business and finance groups have joined to emphasise the importance of continued commitment to the Paris Agreement and support for a transition … read more
APRA imposes expertise requirements on super funds
From financialnewswire.com.au: APRA has proposed new requirements to strengthen governance for superannuation fund boards, focusing on financial expertise and minimum standards for responsible persons. … read more
What ATO publications can be relied on?
From www.dbalawyers.com.au: The Australian Taxation Office (ATO) produces a variety of guidance materials, some of which are binding, while others provide varying levels of … read more
Tax-Effective Car Ownership
From hotcopper.com.au: Tax-effective car ownership can significantly reduce financial burdens through strategic planning and smart financing options. Individuals and businesses can leverage tax deductions … read more
Boardroom Brief Week Commencing 3 March 2025
From www.gtlaw.com.au: Key regulatory and legal developments in Australia, including ASIC’s new clearing and settlement rules targeting the ASX, the Federal Court dismissed claims … read more
Core areas of focus for insurers for 2025
From bdo.com.au: Insurers are urged to focus on vital areas in the coming year, including managing climate risks, regulatory compliance, digital transformation, cybersecurity, and … read more
What Counts as a Family Emergency Leave?
From jbsolicitors.com.au: Family Emergency Leave covers unforeseen circumstances affecting family members, with allowances for paid and unpaid leave types under Australian employment law, including … read more
ACCC guidance on transition to the new merger regime
From gtlaw.com.au: The ACCC has released guidelines on the transition to a new merger control regime, which mandates notification for transactions that meet certain … read more
Trading Up: PE Firms growth in Trade Services
From alvarezandmarsal.com: Private equity firms are heavily investing in trade services with a focus on home services and a goal to run larger, more … read more
Merger laws: ACCC guidelines
From russellkennedy.com.au: Australia’s merger laws will undergo significant changes following new regulations, effective from 1 January 2026, aiming to improve market competition and efficiency. … read more