We are pleased to supply you with the latest edition of Client Alert, which contains information on a number of important developments up to and including 24 October 2025.
- What’s the difference between the Medicare levy and the Medicare levy surcharge? – Many people getting their tax notice of assessment wonder why they see amounts for the Medicare levy and Medicare levy surcharge.
- Family Tax Benefit and your tax return: common misunderstandings – Despite its name, Family Tax Benefit isn’t a tax refund or tax deduction, but a social security benefit to help with everyday costs like food, education, clothing and other child-rearing expenses.
- Start your year-end payroll, tax and employee leave planning now – Whether you’re gearing up for a rush or planning a shutdown, early planning for the upcoming end-of-year holiday period is key.
- The truth about FBT and your business’s work ute – You may have heard that providing a dual cab ute for employees to use in their work duties is automatically exempt from FBT, but believing this myth could leave you with an unexpected tax bill.
- Next step for payday super: legislation introduced to Parliament – The new laws still need to pass through the House of Representatives and the Senate, but you shouldn’t wait to start planning for payday super.
Explanatory Memorandum_November 2025
Please contact us if you wish to discuss how the points raised in Client Alert specifically affect you.