Tax Deductions: Work-Related Deductions Rejected Over Poor Records
A tribunal case shows how inadequate records can lead to large work-related expense claims being denied. Proper substantiation remains essential for deductions.
Changing from quarterly super to Payday Super
Locking down your Payday Super prep? Here’s a recap to help employers plan ahead, take the right actions now, and avoid issues during the changeover.
Staff parties, recreation and employee gifts that attract FBT
Be certain if your staff parties, recreational activities and employee gifts will attract FBT.
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.