Your Knowledge May 2025

INSIDE

• Year-end tax planning opportunities & risks
  • Opportunities
    • Bolstering superannuation
    • Charitable donations
    • Investment property owners
  • Risks
    • Work from home expenses
    • Landlords beware
    • Gig economy income
• For your business
  • Opportunities
    • Write-off bad debts
    • Obsolete plant & equipment
    • For companies
  • Risks
    • Tax debt and not meeting reporting obligations
    • Professional firm profits
• Instant asset write-off threshold finally confirmed
• Property subdivision projects: the tax implications
• The ATO’s updated small business benchmarking tool

Please read Your Knowledge May 2025 here