Royal Cornell

Businesses that pay contractors may need to lodge a "Taxable Payments Annual Report" TPAR by 28 August.

Read more here - https://royalcornell.com.au/blog/taxable-payments-annual-report-lodgement-reminder

Taxpayers can keep the same logbook for their car for five years, but there are circumstances where they may need a new one during that period.
Find out more here - https://royalcornell.com.au/blog/know-when-a-new-logbook-is-required

Employers that provide plug-in hybrid electric vehicles to employees have a few things to remember.
Read more here - https://royalcornell.com.au/blog/hybrid-vehicles-and-fbt-changes

The ATO is warning the community to be wary of incorrect or misleading information this Tax Time, particularly claims promising greater refunds, shortcuts or hacks.

Read more here - https://royalcornell.com.au/blog/ato-warns-of-tax-time-misinformation-and-focus-areas

Happy End of Financial Year! We are looking forward to continuing supporting our clients through the new financial year. ✨🍾

2026-27 Federal Budget

Reminder - the March BAS is due by May 26th. Please send us your information to complete your BAS if you are yet to do so.

The Tax Office is cracking down on businesses that use cash to avoid meeting their tax, employer or business obligations.
Read the full article here - https://royalcornell.com.au/blog/businesses-using-cash-to-dodge-obligations

Read about what business expenses can (and cannot) be claimed here - https://royalcornell.com.au/blog/ato-reminder-business-expenses-that-can-and-cannot-be-claimed