Employee Share Schemes (ESS) are a great way for companies to reward their staff. By giving employees shares or the option to buy them at a discount, businesses help their workers feel like part-owners, making them more motivated and committed to the company’s success. It’s an exciting opportunity, but many employees don’t realise that these […]
One of the most common questions we get asked is: Should I pay cash, opt for a hire purchase, or go with a novated lease? The decision can significantly impact your tax savings, cash flow, and overall financial strategy. To settle this debate once and for all, we’ve created a clear, easy-to-understand comparison table to […]
So, you’ve established your Self-Managed Super Fund (SMSF), just like millions of Australians, and you’re ready to take control of your retirement investments. When the Limited Recourse Borrowing Arrangement (LRBA) was introduced, many people set up Self-Managed Super Funds (SMSFs) mainly to invest in property. Today, SMSFs own more than $140 billion worth of residential and commercial properties across Australia. One […]
I thought we had covered blockchain and cryptocurrency taxation extensively in our articles—until one of our junior accountants pointed out a growing trend among our clients. More investors than ever are actively purchasing cryptocurrencies, and with the rapid evolution of blockchain technology in 2025, many are seeking clarity on the tax consequences of their digital […]
Are you a doctor, IT consultant, Engineer or professional operating through an interposed entity such as a company or trust, often referred to as a service entity, that receives income from your employer? If so, this article is a must-read to help you understand the latest ATO alert and avoid falling foul of Part IVA. […]
With the 2024 Melbourne Cup behind us, it’s time to prepare for the next major celebration: the Christmas party. As we head into the holiday season and wrap up end-of-year business activities, it’s essential for business owners to consider the Fringe Benefits Tax (FBT) implications for the 2025 FBT year. This applies not only to […]
At Investax, many of our clients ask whether they can claim tax deductions on interest when purchasing vacant land, building a new house, or knocking down and rebuilding an investment property. The rules around this can be complex, especially with recent changes to tax laws. In this article, we’ll break down the key rules outlined […]
As a general rule, employers must report to the Australian Taxation Office (ATO) if they provide employees with shares at a discounted rate. Most Australian employers are diligent about this reporting, but occasionally foreign employers with Australian subsidiaries make mistakes, leaving their employees to deal with the fallout. Initially, I hesitated to write about Employee […]
These days, many property investors—and even some professionals—consider themselves property tax specialists. It’s easy to assume that property investment tax is straightforward, particularly if you own a single property with a simple loan structure. However, when you begin to expand your portfolio, add multiple properties, or introduce complex ownership structures, property tax can quickly become […]