The instant asset write-off is one of the most useful tax incentives available to Australian small businesses. It allows you to deduct the full cost of eligible business assets up to $20,000, rather than depreciating them over many years. The government has extended the write-off through to 30 June 2026, giving small businesses more time
From 1 July 2025, the ATO has removed one of the last remaining “safety nets” for businesses that fall behind on tax debts. Until now, the interest charged by the ATO on overdue tax — the General Interest Charge (GIC) and Shortfall Interest Charge (SIC) — was tax-deductible. That meant if your business paid interest
From 1 July 2026, every employer in Australia will need to pay superannuation on payday — not quarterly, not monthly, but every single pay cycle. This is one of the biggest payroll reforms in Australia’s history. If your business pays wages weekly or fortnightly, you will now pay super weekly or fortnightly. This is a
The way Australian small businesses pay superannuation is about to change. For years, the Small Business Superannuation Clearing House (SBSCH) has been the simplest option for small employers to manage super payments. It’s free, reliable and widely used, especially by small businesses that don’t use modern payroll systems. But the ATO is retiring the SBSCH
The $20 000 Instant Asset Write-Off 2025 – Your Complete Guide If you run a small business in Penrith or Western Sydney, there’s good news for your bottom line.The Federal Government has extended the $20 000 instant asset write-off until 30 June 2026, allowing eligible small businesses to immediately deduct the full cost of assets
A quiet but costly change is coming for Australian businesses.From 1 July 2025, interest charges you owe to the ATO on outstanding tax debts will no longer be tax-deductible. Until now, many businesses have treated ATO interest as a normal expense — a painful but claimable cost. The new rule removes that deduction entirely, meaning