News update – August 2026 At Siragusa Accounting Group, we’re committed to keeping our clients across Melbourne’s northern suburbs and beyond informed about the tax, business and superannuation changes that may affect their financial position. In this edition, we explore several important developments, including the High Court’s landmark Bendel trust decision and what it means
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News update – July 2026 At Siragusa Accounting Group, proudly providing accounting, taxation and business advisory services to Melbourne’s North and beyond, we are committed to keeping our clients informed of the latest developments that may impact their financial and business decisions. This month, we examine key updates affecting employers, investors, business owners and SMSF
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News update – April 2026 April 2026 Tax Update for Small Businesses and High‑Wealth Clients What Business Owners in Reservoir Need to Know Right Now The tax landscape continues to shift—and April 2026 has delivered some of the most important changes and court decisions we’ve seen in years. For business owners, property investors, and individuals
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News update – February 2026 This month we look at the ATO’s sharpened compliance focus across property, business incentives and emerging technologies. New draft guidance on holiday homes signals a much tougher approach to deductions for short-term rentals, particularly where lifestyle use blurs with genuine income-earning intent. The Federal Government’s review of the Electric
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News update – December 2025 From payroll reform to professional development, this issue explores several important topics for businesses and investors. We unpack the new Payday Super laws that will soon change how employers handle super contributions and clarify when further study — like an MBA — can genuinely pay off at tax time. We
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News update – November 2025 This month brings a mix of tax reform, real-world lessons, and practical planning insights. We unpack the Government’s latest announcements on the proposed overhaul of the super tax rules that will reshape strategies for those with balances above $3 million. A recent tribunal decision also serves as a reminder that
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With the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny. Opportunities Bolstering superannuation If growing your superannuation is a strategy you are pursuing, and your total superannuation balance allows
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Multinational ride-sharing system Uber has successfully contested six Revenue NSW payroll tax assessments totalling over $81.5 million. The assessments were issued on the basis that Uber drivers were employees and therefore payroll tax was payable. The Payroll Tax Act 2007 (NSW) imposes the tax on all taxable wages paid or payable by an employer. The
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Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what has been declared in tax returns matches up. The Australian Taxation Office (ATO) has initiated two data matching programs impacting investment property owners and those lucky enough to hold
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Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be resolved. What happens when there is a family company? For couples that have assets tied up in a company, the tax consequences of any settlements paid from the company will need
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