General transfer balance cap will be indexed on 1 July 2025
Indexation of the general transfer balance cap ('TBC') will occur on 1 July 2025. This cap will increase by $100,000...
09 April, 2025
Blog
Quarterly TBAR lodgement reminder
SMSFs must report certain events that affect a member's transfer balance account ('TBA') quarterly using transfer balance account reporting ('TBAR'). These...
09 April, 2025
Taxable payments annual report lodgement reminder
Businesses that pay contractors for 'Taxable payments reporting system services' may need to lodge a 'Taxable payments annual report' ('TPAR')...
09 April, 2025
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...
09 April, 2025
Reminder of March 2025 Quarter Superannuation Guarantee (‘SG’)
Employers are reminded that employee super contributions for the quarter ending 31 March 2025 must be received by the relevant...
09 April, 2025
ATO’s new focus for small business
The ATO is currently focusing on the following 'specific risk areas', where it is concerned "small businesses are getting it...
09 April, 2025