Insight &
Publications

This report confirms that ASIC is sending an unprecedented signal of strength by cracking down on financial misconduct and governance failures. With over $340 million in civil penalties and hundreds of ongoing investigations, businesses and directors must establish substantive compliance oversight to navigate these intensifying regulatory challenges.

This article unpacks the core advantages of the current Australian EV tax incentives, including FBT exemptions and higher LCT thresholds. In light of the government's ongoing policy review, we outline practical guidelines under the current rules and provide proactive vehicle leasing and tax planning strategies for businesses and employees.

The government is actively tightening major tax concessions and increasing scrutiny on tax exemptions. Proactive planning is essential ahead of these upcoming compliance changes. We recommend reviewing your superannuation structures and R&D portfolios early or reaching out to our professional team for tailored advice.

Under ATO Ruling MT 2024/1, GST and fuel tax credits are subject to a strict 4-year expiry limit, where simply lodging an amendment is insufficient to preserve your rights . Businesses must proactively review entitlements, claim them within the timeframe via BAS or online amendments, and monitor processing to ensure compliance.