Appleby Practising Accountants

11/11/2025

Medical bills can be devastating, especially for those on Total and Permanent Disability pensions. 💔 A recent case sheds light on why these medical expenses are not easily tax-deductible as one might think. Don't let complexity overwhelm you. Read more: https://wix.to/vuqXCSl

Imagine this: after years of hardship and illness, you’re forced to retire early on a Total and Permanent Disability (TPD) pension from your super fund. It’s your only income stream. Then come the medical bills – tens of thousands of dollars in treatments to manage the very conditions that end...

21/10/2025

📝 The Australian Tax Office has announced their compliance focus for the upcoming 2025–26 financial year. If you're among the wealthy or own significant assets, be prepared! Discover the ATO's key priorities and common mistakes to avoid in our latest blog post. Don't miss out on vital insights for your financial planning. Read more: https://wix.to/ZwM9Ncl

The Australian Tax Commissioners have laid out their compliance focus for the 2025–26 year. If you own assets or are considered wealthy by the ATO – watch out as you are on their radar.We have revised our focus areas for 2025–26 to indicate where we will direct our compliance and engagement ef...

18/06/2025

Just when we thinking that there is some light at the end of the tunnel – the ATO is about to wrench away yet another deduction! Commencing 1 July 2025, businesses and individuals will no longer be able to claim a tax deduction for interest charged by the ATO on unpaid tax debts. This includes bot...

06/05/2025

What’s in the wind now? 🌬️ The recent Federal Election has opened the door to new government plans that could shape your financial future. Learn what you need to know to stay ahead. Read more: https://wix.to/JZH1Caa

Federal Election: 5 Government Plans That Could Affect Your Money AdviceNow that the Federal Election is over and the Government is remaining in power, there are new rules coming that could change how tax and financial advice works. The Institute of Financial Professionals Australia (IFPA) picked ou...

15/04/2025

Exciting updates are here! 💰 Introducing Payday Super, a new initiative aimed at boosting retirement incomes. Learn how it works and what it means for your future. Click to read more: https://wix.to/KcQ4CjZ

What is Payday Super? Payday Super was announced during the 2023/2024 Federal Budget. The purpose is to increase the retirement incomes and savings for Australian by ensuring frequent payment of superannuation. It addresses the non-payment and underpayment of super thus strengthening Australia’s s...

15/04/2025

🚨 Attention Business Owners! 🚨 Changes to PAYG Withholding are coming effective July 1, 2025. Are you prepared for the new withholding, reporting, and payment obligations? Stay informed and get ahead of the changes: https://wix.to/nkEN939

Effective 1 July 2025, some businesses may see changes to their withholding, reporting and payment obligations. If your business is affected, the ATO will send you a notice advising you about the changes and what you need to do. What are the changes? Each year the ATO reviews the PAYG withholding cy...

09/04/2025

The 2025 Federal Budget has been unveiled! Don't miss out on the important tax updates that could affect you. Check out the full details here: https://wix.to/c9jmTTC

The 2025 Federal Budget for the new financial year was announced on Tuesday, 25 March 2025, and introduces a range of tax measures that could impact your next tax return. The Budget delivers tax relief for individuals, introduces notable changes for small businesses, and increases ATO compliance eff...

28/08/2024

Warning all Landlords and Investment homeowners - the ATO has launched a crackdown on the tax affairs of millions of landlords, targeting those who falsely claim rental deductions and minimise their capital gains liability by inflating costs.The ATO has expanded its data matching program, forcing pr...

28/11/2022

DIN Date is looming!

You are required to apply for a DIN by 30th of November 2022.

To apply for your DIN go to: www.abrs.gov.au/director-identification-number
You will first need to have a MyGovID set up for this process to work (this is different to your MyGov account).

If you currently live in Australia and can't apply online, phone the ABRS to apply for a director ID ( Phone Number: 13 62 50).

To apply by phone, you’ll be asked to verify your identity such as TFN.

Once you have your DIN please let us know so we can update the number into the our corporate system if you have not already done so.

If you have already applied and received your DIN and haven’t yet notified us, please pass it on to us so that we can update our files.

You need a director identification number (director ID) if you're a director of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation.

29/09/2022

Happy Friday! And we've got you an article!

In today's video, Steve talks about Queensland land tax changes. Press play now or visit our website to find out more!
https://www.applebyaccountants.com/post/land-tax-changes-depends-on-your-state-of-origin