Insights

We provide our expert opinion, news, and knowledge to help keep you informed and aimed towards building your business.

Queensland's Construction Challenges: How Accountants can Support Building & Construction businesses

Sep 23, 2025

If you are working in the construction industry in Queensland, we don’t need to tell you that things are getting tougher. Everywhere you look, there is more demand for new homes, apartments, industrial sheds or warehouse and infrastructure projects, but getting them built is another story.

QBCC Licence Annual Reporting and Lodgement Obligations

Sep 18, 2025

Queensland Building and Construction Commission (QBCC) requires licence holders to submit annual financial reporting, determined by their licence type and approved maximum revenue to demonstrate ongoing financial sustainability. The reporting obligations arise under the Minimum Financial Requirements Regulation (MRF Regulation).

Property Development vs Investment: Tax Treatment and ATO Traps

Sep 15, 2025

Property has long been a popular source of wealth creation in Australia, but from a tax perspective, not all property activities are treated equally. Whether the Australian Tax Office (ATO) considers you a long-term investor or a property developer can have a significant impact on your tax obligations including whether profits are subject to Capital Gains Tax (CGT), income tax, or even Goods and Services Tax (GST).

What is a Taxable Payments Annual Report (TPAR)? - 2025 Edition

Aug 15, 2025

Lodgment of the Taxable Payments Annual Report is due 28 August each year.

New General Interest Charge (GIC) Changes in Effect from 1 July 2025

Aug 05, 2025

From 1 July 2025, interest charged by the Australian Tax Office (ATO) – the General Interest Charge (GIC) and Shortfall Interest Charge (SIC) – will no longer be deductible under the new section 26-5(1A) of the Income Tax Assessment Act 1997. 

Fringe Benefits Tax (FBT) Changes 2025: What SMEs Need to Know

Apr 11, 2025

The Fringe Benefit Tax year for 2024/25 ended on 31 March 2025. It is important for SME businesses to review their obligations to ensure that any FBT is paid over the next couple of months.

Queensland GP Payroll Tax Update – QRO Public Ruling PTAQ014.1.2

Mar 20, 2025

Following on from our previous article in October 2024, we advise the Commissioner of State Revenue finally issued QRO Public Ruling PTAQ014.1.2 on 3 March 2025, confirming payroll tax exemptions for GP practices.

Upgrading Your Fleet: Financing Options For Consideration

Feb 26, 2025

Upgrading your fleet by investing in a new or pre-owned truck is a significant business decision that requires careful financial planning. Given the significant capital investment, selecting the right financing option is crucial for managing your business’s cash flow effectively and maximising tax benefits.

Fuel Tax Credits: Maximising Your Claim

Feb 26, 2025

Fuel tax credits provide businesses operating within the transport and logistics industries with a rebate on the fuel tax (excise or customs duty) included in the price of fuel which is used for business purposes. For information on the latest fuel tax credit rates from February 2025, please refer to our latest blog on our website.