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Is your business ready for 30 June?
With 30 June quickly approaching, it’s a valuable time to review your business’s performance and ensure you have a clear understanding of: Taxation position...
2026 Federal Budget: Proposed tax changes
The Federal Budget was released on 12 May 2026 and included several significant proposed changes to the Australian tax system. While it is still early days...
How incorrect logbooks resulted in a $938,000 tax bill from the ATO
Recently the Australian Taxation Office (ATO) audited a restaurant in Victoria that had claimed deductions for three high-value motor vehicles (a compliance...
Increasing your superannuation with a downsizer contribution
The downsizer contribution to superannuation can be an effective way for a member to minimise tax and increase superannuation balance. There are numerous...
Tax deduction changes for holiday home rental property owners
The ATO released a new draft ruling in November 2025, which will target holiday rental properties that are not genuinely available to rent for the public or...
Payday Superannuation: Important information for employers
From 1 July 2026, employers will be required to pay their employees’ superannuation at the same time as they pay their wages. For most employers, employee...
Taxation implications of selling of depreciating assets, such as vehicles or equipment
When going through the process of selling assets, many people are often surprised that there may be taxation payable on the sale even when they are trading...
What is Division 7A?
Loaning money from a private company to an individual or another entity is very common in small family businesses. However, in some circumstances when loans...
Is there tax on your superannuation when you die? The “death tax” explained
This article discusses the taxation implications on superannuation and death. It is not intended to be financial or investment advice; if you have specific...
Finding the best tax structure for your investments
When looking to invest, choosing the right tax structure to manage the investment(s) is not always an easy process. However, it is important to determine...
Proposed $3 million superannuation changes
There has been a lot of media attention on the government’s proposed $3 million superannuation changes, and subsequently questions from our clients on how...
Engagement Terms for Individuals
ENGAGEMENT TERMSINDIVIDUAL (NON BUSINESS) This document sets out our terms of engagement and the scope of the work to be performed by us within that...
Utilising superannuation to minimise tax
With 30 June fast approaching, now is the time to review your year-to-date taxable income and determine whether a contribution to superannuation is an...
Tax planning for smarter financial decisions
With 30 June approaching, it’s important to review your business’s performance and gain a clear understanding of: Taxation position and ongoing taxation...
Understanding personal services income (PSI)
As tax accountants, we are often asked ‘when does personal services income (PSI) relate to me and what does it mean?’ by businesses operating in the service...
Superannuation: what happens when payments are late?
Employers are required to pay superannuation for their employees and some contractors. This is defined as the superannuation guarantee levy, it is currently...
Update: Employee vs Contractor Classification
In recent months, there has been renewed focus by the Australian Tax Office on the classification of contractors and employees within businesses. There are...
Tax Planning: Materials & Stock
Tax Planning: Bad Debts
Tax Planning: Asset write-off
Tax Planning: Overview
Privacy Policy
BK Partners Privacy Policy BK Partners Pty Ltd ABN 49 828 241 780 and any affiliated organisations (collectively referred to in this policy as “BK Partners”...
Employee or Contractor?
One of the most frequently asked questions I hear from my business clients is: “What is the difference between an employee and a contractor?”. This question...
Improving profitability – Expenses
In previous videos we’ve delved into the three key areas to improving profitability in your business. These three key areas were pointed out to me by my boss...

