Latest News

The latest news in finance for McFillin Accounting.

 

FBT 2025: What you need to know

FBT 2025: What you need to know

The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees.

Why the ATO is targeting babyboomer wealth

Why the ATO is targeting babyboomer wealth

The Australian Taxation Office (ATO) thinks that wealthy babyboomer Australians, particularly those with successful family-controlled businesses, are planning and structuring to dispose of assets in a way in which the tax outcomes might not be in accord with the ATO’s expectations.

Australian residents and clearance certificates

Australian residents and clearance certificates

If you are an Australian resident and are selling or disposing of real property in Australia, a recent requirement is that the seller is required to provide the purchaser with a Clearance Certificate, either at or before the settlement date.   If you fail to...

2025: The year ahead

2025: The year ahead

An election, a growing deficit, geopolitical instability, looming trade wars, and continued cost of living stress. Sounds like fun, right? But it’s not all doom and gloom. Australians are resilient and great at acting on opportunity. Here’s what to look out for in...

Tax deduction denied for signature basketball shoe R&D

Tax deduction denied for signature basketball shoe R&D

The Federal Court has denied a sports company’s appeal to claim research & development incentives for the creation of an Australian signature basketball shoe. The Movie Air highlighted the importance of the signature Air Jordan shoe to Nike. While expected to sell...

What’s ahead in 2025?

What’s ahead in 2025?

The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty. We explore some of the key changes and challenges. An election Welcome to political advertising slipping into your social media,...

Ready for Straight-Talking Advice?

6 + 15 =

Brisbane

07 3263 7030
Suite 3, North Park Business Centre,
6 Babarra Street, Stafford

PO Box 6133, Mitchelton, QLD 4053

tax@mcfillin.com

Sunshine Coast

07 5452 7811
1/134 Alexandra
Parade,
Alexandra Headland

PO Box 181, Mooloolaba QLD 4557

tax@mcfillin.com