Auswild & Broad | Blog

The tax refund many Australians expect has dramatically reduced. We show you why.

Taxpayers claiming deductions on holiday homes are in the ATO’s sights.

The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home.

From 1 January 2023, those 55 and over can make a ‘downsizer’ contribution to superannuation.

The Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill 2022 passed Parliament on 2 December 2020. The legislation is extensive and brings into effect a series of changes and obligations that will impact on many workplaces.

First home buyers purchasing property in NSW of up to $1.5m will have a choice of paying stamp duty or an annual property tax from 16 January 2023.

Heading into the 2022-23 Federal Budget on 25 October, the question for the Australian Government is whether to keep, amend or repeal the cuts legislated to commence on 1 July 2024.

The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business.

The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return.

The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the Australian Strategic Business Forum that “…we're going through a process now of steadily increasing interest rates, and there's more of that to come.