Brealey Quill Kenny industry news and updates

The ATO continues to expand its use of electronic communications and important correspondence may be issued electronically rather than by post. This can include Notices of Assessment, Statements of Account, Activity Statements, payment reminders and other important notifications. The most...

The recent Federal Budget has introduced several proposed tax changes that have generated immediate concern across small business and investor groups. Whilst there may be pressure to restructure, our view is it is too early to act at this stage....

The Australian Taxation Office (ATO) has announced temporary support measures for businesses impacted by higher fuel costs, operating alongside the Federal Government’s fuel excise relief. The measures provide temporary cash flow relief for tax obligations, but only where a business...

From 1 July 2026, Australia will see one of the most significant changes to employer superannuation obligations in decades. This reform, commonly referred to as Payday Super, will fundamentally change when and how employers pay Superannuation Guarantee (SG) contributions for their employees....

Over the past two years, the Australian Taxation Office (ATO) has made a significant shift in how it manages outstanding tax debt. After adopting a more lenient stance during the COVID‑19 period, the ATO is now firmly re‑establishing compliance expectations....

What is a director ID? A director identification number (director ID) is a unique 15-digit number issued by Australian Business Registry Services (ABRS) to anyone who is a company director or intends to become one. You apply once, and you...

These are the top 5 questions about claiming work from home deductions for the 2025 taxation year. What is the fixed rate claim for 2025? The fixed rate for the 2024–25 income year is 70 cents per hour worked from home. Is...

As we have mentioned previously, it is critical for employers to pay superannuation on time. Even a single day late can trigger significant penalties, including administration fees, 10% interest (from the start of the quarter), and loss of tax deductibility....

The ATO have reported that impersonation email scams have increased by over 300% from this time last year. At tax time we generally see more scam reports as scammers know this is when you expect to hear from them. Scammers...