Capitaleyes Latest Accounting News

Accountants have been warned about family trust issues that can lead to unexpected tax bills for clients, with the ATO scrutinising this area.
Read More

Rushing to lodge tax returns on time is likely to be one of the “biggest and most common” mistakes made by taxpayers this year, according to CPA Australia.
Read More

One gap when owning and operating a small business is to get a feel for how you are doing compared to your peers. The ATO realises the importance of this and have developed a list of benchmarks to help. 
Read More

All businesses need a business plan, not just new businesses.
Read More

Key risk areas the ATO intends to focus on for Private Wealth in 2024–25.
Read More

  The past few years have seen significant data breaches from well-known Australian companies both inside and outside of the superannuation sector, exposing a huge amount of consumer personal identity information.   
Read More

  The expenses need to have a sufficient connection to your current employment income in order to make a claim.  
Read More

What you need to know about the risks and benefits of buying an existing business or franchise.
Read More

Seventy per cent of people are not maximising the tax depreciation opportunities on their investment properties, a depreciation expert has said. 
Read More

Small business conditions and confidence notably improved throughout Q1 of this year, but remain in negative territory.
Read More

On 26 March, the government passed legislation denying tax deductions for ATO interest. This change takes effect on 1 July 2025.
Read More

From 1 July 2025: From July 1, 2025, the compulsory Super Guarantee Contribution (SGC) rate increases from 11.5 % to 12%.
Read More