Our latest eNewsletter includes information on the following topics:

• Think you can spot a scam? What about misinformation? – Misinformation in search results, AI-generated summaries, websites and social media can lead people to make tax and super decisions based on incorrect or incomplete information.
• Already lodged your tax return? Don’t forget the review step – Tax returns can generally be amended if information was omitted, there’s an error or new information comes to light.
• When set-and-forget convenience starts costing you – ASIC recently reported that many consumers don’t understand why their insurance premiums have increased and often don’t actively review their renewal notices
• $20,000 instant asset write-off now permanent for small business – The write-off can apply to business purchases including computers, tools, equipment, furniture and some vehicles.
• Has your business outgrown its structure? – If your business has changed significantly since you first set it up, now may be a good time to review your current arrangements.
• Government funding doesn’t always mean tax-free income – The ATO has recently reminded service providers that payments received for delivering services under participating Commonwealth programs will generally form part of their assessable business income