EOFY 2026: The record-keeping habits that separate clean tax returns from costly ones
If your record keeping feels reactive rather than reliable, now is the time to reset. Reach out to Omnis to review your systems, close any gaps and make EOFY a process, not a problem.
Experience a smoother FBT tax time by getting fringe benefits right
It’s FBT tax time – are you ready? Get on top of your obligations, prepare for fringe benefits tax time and ensure you’re ready to lodge and pay your FBT return.
ATO Targets Cash-in-Hand Businesses Avoiding Tax and Worker Obligations
The ATO is increasing scrutiny on businesses using cash to avoid tax, super and employment obligations. Ensure your records and reporting meet compliance requirements.
ATO steps up data-matching and debt enforcement
Concerned about ATO data-matching or debt enforcement? Get advice early to avoid penalties and travel restrictions.
Dental expenses are private expenses
Think dental bills and grooming costs are tax-deductible? The ATO has issued a clear warning — most personal appearance expenses won’t pass the test.
Common Tax Mistakes Sole Traders Should Avoid
Sole traders, take note — the ATO is cracking down on common tax reporting and expense mistakes. Make sure you’re getting it right.
FBT Alert: Don’t Get Caught Out on Work Vehicle Use
If your business provides work vehicles to employees, make sure you’re not overlooking your FBT obligations.
Getting the main residence exemption right
The ATO has the following tips for taxpayers in relation to the CGT main residence exemption.
Essentials Every New Business Owner Needs to Get Right from Day One
Starting a business? Discover the key steps every new business owner must take to stay compliant, manage cash flow and set up for long-term success.
FBT record keeping and plug-in hybrid exemption changes
With the 2025 fringe benefits tax (‘FBT’) year having just ended (on 31 March), the ATO is reminding employers of some changes that might impact their FBT obligations.
