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Wis Australia is a Sydney-based professional services firm providing accounting, taxation, audit, and business advisory services, supported by ASIC and TPB registrations and CPA Australia Recognised Employer Partner accreditation.

From 1 July 2026, the Australian Taxation Office (ATO) has increased the cents per kilometre deduction rate for eligible work-related car expenses from 88 cents to 91 cents for the 2026–27 income year. This article explains the key changes, eligibility requirements, available deduction methods, and the practical implications for taxpayers claiming work-related car expense deductions.

ASIC has released its 18-month implementation roadmap for Australia's new Digital Assets Framework, outlining the transition of Digital Asset Platforms (DAPs) and Tokenised Custody Platforms (TCPs) into the AFSL licensing regime. Businesses should begin assessing licensing requirements, custody arrangements and compliance readiness well before the new framework takes effect.

Selling online, providing services, creating content or participating in the sharing economy? The ATO is placing greater emphasis on online income reporting. Learn how the latest guidance and the Sharing Economy Reporting Regime (SERR) may affect your tax obligations and reporting responsibilities.