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Wash Sales: Why the ATO Is Cracking Down on ‘Sell-and-Buy-Back’ Transactions

Wash Sales: Why the ATO Is Cracking Down on ‘Sell-and-Buy-Back’ Transactions

by Emma Hahnel | Apr 23, 2026 | Uncategorized

“Wash sales” have become a major focus for the ATO — and for good reason. These transactions artificially create capital losses by selling an asset and buying it back shortly after, purely to reduce tax. Here’s what you need to know to avoid accidentally stepping over...
Payday Super: What It Means for Small Businesses

Payday Super: What It Means for Small Businesses

by Emma Hahnel | Apr 7, 2026 | Uncategorized

The way superannuation is paid to employees in Australia is changing. Under the “Payday Super” regime, employers may need to report and pay super contributions at the same time as wages, rather than quarterly. This is part of the ATO’s push to make super more...
Tax Tips for Tradies: Tools, Materials, Travel & ATO Focus Areas

Tax Tips for Tradies: Tools, Materials, Travel & ATO Focus Areas

by Emma Hahnel | Mar 27, 2026 | Uncategorized

Running a trade business involves a lot of moving parts, from purchasing tools and materials to driving between sites. The good news is that many of your business expenses are tax-deductible — but only if you claim them correctly. The ATO also has certain focus areas...
Common BAS Errors We See Every Quarter — and How to Avoid Them

Common BAS Errors We See Every Quarter — and How to Avoid Them

by Emma Hahnel | Mar 10, 2026 | Uncategorized

Lodging your Business Activity Statement (BAS) might feel routine, but small bookkeeping mistakes can add up. Even minor BAS errors in GST reporting, PAYG withholding, or expense classification can trigger amendments, interest, or additional work. Over time, these...
Capital Gains Record-Keeping for Shares, ETFs & Crypto

Capital Gains Record-Keeping for Shares, ETFs & Crypto

by Emma Hahnel | Feb 23, 2026 | Uncategorized

If you own shares, Exchange Traded Funds (ETFs), or cryptocurrency, it’s important to understand your obligations when it comes to capital gains tax (CGT). The ATO requires accurate record-keeping to calculate any gains or losses when you sell, trade, or otherwise...
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Recent Posts

  • Wash Sales: Why the ATO Is Cracking Down on ‘Sell-and-Buy-Back’ Transactions
  • Payday Super: What It Means for Small Businesses
  • Tax Tips for Tradies: Tools, Materials, Travel & ATO Focus Areas
  • Common BAS Errors We See Every Quarter — and How to Avoid Them
  • Capital Gains Record-Keeping for Shares, ETFs & Crypto

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