Epoch News

For many Australians, a holiday home does double duty. It's a place to escape with family and friends, and during the rest of the year, it's listed on Airbnb or Stayz to help cover the costs.  Until recently, many owners assumed they could claim most of the usual...

Electric vehicles (EVs) are no longer a niche choice. By late 2025, they account for more than 8% of new car sales in Australia, driven in no small part by generous tax incentives. One of the most significant is the Federal Government's Electric Car Discount,...

As a business owner or investor, time is always tight. So it's no surprise many people now turn to AI tools like ChatGPT for quick answers on tax deductions, super contributions or structuring ideas. The responses sound confident, arrive instantly and cost nothing....

If you run a business, you already know the juggling act of managing payroll — paying staff on time, managing cash flow, and staying compliant. From 1 July 2026, there's a major change coming that will reshape how you handle superannuation contributions for staff....

If you've invested in further study, such as an MBA, a leadership course, or a postgraduate qualification, you might be wondering: can this help at tax time? For many professionals, the answer is yes — but only if the right boxes are ticked. The ATO's rules on...

For years, businesses have been moving away from cash, and for good reason. Digital payments are quick, traceable, and reduce the risk of theft or counting errors. But that tap-and-go world might soon have to make room again for notes and coins. The Government has...

A new Bill before Parliament – the Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 – proposes several key changes that could affect small businesses, listed companies, and the not-for-profit sector. The headline measure is the...

If your super balance is comfortably below $3 million, you can probably relax — the proposed changes to the super rules shouldn't adversely affect you (yet). But if your super is nudging that level, or if you're clearly over, the Treasurer's latest announcement could...

Imagine this: after years of hardship and illness, you're forced to retire early on a Total and Permanent Disability (TPD) pension from your super fund. It's your only income stream. Then come the medical bills – tens of thousands of dollars in treatments to manage...

Leaving debts outstanding with the ATO is now more expensive for many taxpayers.  As we explained in the July edition of our newsletter, general interest charge (GIC) and shortfall interest charge (SIC) imposed by the ATO are no longer tax-deductible from July 1 2025....