Land held in Victoria that does not qualify for exemptions (such as your principal place of residence) will generally be subject to Land Tax. This includes properties like holiday homes, commercial properties and vacant land. You may have received an...

The Federal Government has announced that concessional and non-concessional superannuation contribution caps will increase from 1 July 2024. The concessional contributions cap, which applies to employer, salary-sacrificed contributions and personal contributions claimed as a tax deduction will increase from $27,500...

This is good news for low to middle income earners. The Federal government’s stage 3 tax cuts have passed the Senate. This means that a significant number of Australians will be paying less tax and have more money in their...

Welcome to the new, refreshed Tyrrell Partners. We are the same group of staff, offering the same high quality service to our clients just with some fresh new branding. Our staff are looking forward to continuing to help you with...

Scams are on the rise and ATO related scams are no exception. The financial year 2022-2023 saw an overall 25% increase in scams being reported to the ATO. Most scams claiming to be from the ATO are by SMS or...

If you operate in the following industries, you may need to lodge a Taxable Payments Annual Report (TPAR). – Building and construction services – Cleaning services – Courier services – Road freight services – IT services – Security, investigation or...