by epoch | Jun 4, 2025 | eNews
The US economy experienced a notable slowdown in the first quarter of 2025. The latest GDP data showed the economy contracted at an annual rate of -0.3%. Businesses stockpiling goods (which increased import volumes) ahead of the implementation of President...
by epoch | Jun 4, 2025 | eNews
With the 2025 tax season fast approaching, the Australian Taxation Office (ATO) is reminding taxpayers to be careful when claiming work-related expenses. This warning is in reaction to a spate of claims that didn’t quite pass the ‘pub test’. Here are...
by epoch | Jun 4, 2025 | eNews
As Labor MPs settle back into their seats having secured a majority in the House of Representatives, we look at the campaign promises and the unfinished business from the last term. Individuals Personal income tax cuts: the 2025-26 federal budget introduced a modest...
by epoch | May 6, 2025 | eNews
The ATO has updated its small business benchmarks with the latest data taken from the 2022–23 financial year. These benchmarks cover 100 industries and allow small businesses to compare their performance, including turnover and expenses, against others in their...
by epoch | May 6, 2025 | eNews
It has been a long time coming, but the Government finally passed legislation increasing the instant asset write-off threshold for the year ending 30 June 2025 to $20,000. This was announced in the 2024-25 Federal Budget, but the Government faced several hurdles in...