Financial Compliance
11 articles from the BTMH team.
Is your business ready? The ATO is watching closer in 2026
Is your business ready? The ATO is watching closer in 2026 The ATO can now see your bank transactions, contractor payments, even income from Uber or Airbnb – all cross-checked…
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Director ID reporting changes are coming from 1 July 2027
From 1 July 2027, companies will need to provide director IDs to ASIC as part of some company updates. This may include: annual company reviews; appointing a new director; removing…
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FEDERAL BUDGET 2026-27: What it means for your business
The Federal Budget has landed – and there’s quite a bit in it that affects how you run and structure your business. Here’s what you need to know, and what…
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Small business CGT concessions: what you should know
If you’re a small business owner in Australia planning to sell or restructure your business, capital gains tax (CGT) may apply. However, the Australian tax system offers small business CGT…
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2026 Financial checklist for small business
Starting 2026 with a clear financial review helps small businesses stay compliant, manage cash flow effectively, and avoid last-minute tax issues. This checklist outlines the key financial areas every Australian…
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Why should every business owner keep a travel diary?
When you travel for business – meeting clients, visiting suppliers or attending conferences – it’s important to keep clear records of your activities and expenses. This helps you claim tax…
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Claiming vehicle expenses: cents per km or logbook method?
If you use your car for business purposes, you may be able to claim a tax deduction – but how you calculate that deduction depends on the type of vehicle…
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FBT 2025 – What Employers Need to Know Before Lodging
The 2025 Fringe Benefits Tax (FBT) year officially closed on 31 March 2025, and employers across Australia should now be turning their attention to their FBT reporting and compliance obligations….
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Employee vs Contractor – How to Get It Right in 2025
In 2025, it’s important for businesses to understand the difference between employees and independent contractors. Getting this wrong can lead to tax issues and potential penalties. UNDERSTANDING THE BASICS The…
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Federal Budget 2025–26: What It Means for You and Your Business
Federal Budget 2025–26: What It Means for You and Your Business The Federal Budget for 2025–26, delivered on 25 March 2025, focuses on providing immediate support to households and businesses,…
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Guide to Australian Tax Updates: Income Tax Rates, Medicare Levy & SAPTO Changes
Where the individual tax brackets sit for the return you are lodging now and for the year in progress, plus the Medicare levy low-income thresholds and the SAPTO offsets – with the year each figure belongs to stated, because they move every July.
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