May 2025 Newsletter
client alert tax news | views | clues Upskilling? You may be able to claim your self-education expenses If you’ve thought about upskilling or undertaking professional development this year, you may be able to claim some of your self-education expenses in your 2024–2025 income tax return. You incur self-education expenses when you: • take courses … Continued
Read moreFederal Budget – March 2025
Federal Budget – March 2025 PERSONAL TAXATION Personal tax rates cut from 1 July 2026 and 2027 The Government has proposed to cut the personal income tax rate for the income threshold ($18,200 to $45,000) from 16% to 15% (from 1 July 2026) and 14% (from 1 July 2027). Under the proposed changes, every Australian taxpayer will … Continued
Read moreMarch 2025 Newsletter
client alert tax news | views | clues ASIC warns of scammers impersonating Bunnings with fake investment bonds If you’ve spotted what looks like an amazing investment opportunity from Bunnings recently, beware! The Australian Securities and Investments Commission (ASIC) has issued an urgent warning about scammers impersonating the retailer to promote fake “sustainability investment bonds”. … Continued
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