Insights

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Insights

2024 – 25 财年企业税务筹划：2025年6月30日截止前的重要行动指南

當2025財政年度即將結束之際，我們鼓勵企業仔細檢視其稅務事務，以把握可用機會並確保合規。即將舉行的聯邦大選為稅務規劃增添了更多變數，未來可能出現重大稅收政策變動。然而，許多有效的策略都需要在2025年6月30日之前採取行動。

本文重點說明了企業現在應該考慮的關鍵稅務規劃事項。

Ryan Lu

Partner

Melbourne

Insights

Offering multi-business advisory: Sydney Sports Management Group’s growth journey with PKF

Richard Price, an experienced business leader, joined Sydney Sports Management Group (SSMG) with a bold vision: transforming a small network of tennis centres into a leading multi-sport organisation. The transition required significant structural changes, financial governance and operational efficiency to secure long-term local government contracts. Navigating this complex expansion required...

Andrew Chen

Partner

Sydney, Newcastle

Insights

Honouring Anzac Day: Walking with purpose with Lachlan Stevens

At PKF, we believe in using our platform to shine a light on stories that matter, especially those that reflect the spirit of service, sacrifice, and community that Anzac Day embodies. In this special episode of the PKF Podcast, we sat down with Lachlan Stevens, founder of Raising the Bar...

Emma Hansen

Head of Marketing

Sydney, Newcastle

Insights

2024 – 25 Business Tax Planning: Key actions for businesses ahead of 30 June 2025

As the end of the 2025 financial year approaches, businesses are encouraged to review their tax affairs carefully to maximise available opportunities and ensure compliance.

The Federal Election adds further complexity, with the possibility of significant tax policy changes on the horizon. Many effective strategies require action before 30 June 2025.

This article highlights the critical tax planning items businesses should consider now.

Ryan Lu

Partner

Melbourne

Insights

Payday Super: What the Proposed Changes Mean for You

Superannuation payments may be set to undergo a significant change. The Australian Labor Government’s proposed "payday super" reforms would require employers to pay superannuation contributions within seven calendar days of each payday. Draft laws have been released for public consultation, and the changeshttps are expected to take effect from 1...

Nicholas Falzon

Director

Sydney, Newcastle

Insights

Key Tax Differences Explained Between Sole Traders and Companies

If you are starting a business, you may be deciding whether to operate as a sole trader or to establish a company. Alternatively, you might already be working as a sole trader and considering transitioning to a company structure. Tax considerations are a crucial factor in determining which business model...

Nicholas Falzon

Director

Sydney, Newcastle

Insights

Short-Term Rentals: What You Need to Know About Tax Obligations

In today’s sharing economy, platforms such as Airbnb have made it easier than ever to generate additional income by renting out a spare room or your entire home. However, many Australians are still unaware of the tax obligations that come with short-term rental arrangements. If you rent out part or...

Nicholas Falzon

Director

Sydney, Newcastle

Insights

Claim Tax Deductions for Work-Related Study and Training

Nicholas Falzon

Director

Sydney, Newcastle

Insights

PKF “Break it down” — Trusts

What is a Trust? A trust is NOT a separate legal entity; it is a relationship. It does not pay taxes (however, DOES require lodgement of a separate income tax return) nor can it hold title over any assets. It is a vehicle in which assets are held by a...

Stacie Shaw

Partner

Newcastle, Sydney

Insights

PKF “Break it down” — Superannuation

What is Superannuation? Superannuation is cash set aside over your lifetime to assist in funding your retirement. It generally cannot be accessed until you reach an eligible age, however hardship provisions may allow early access. What are Superannuation Funds? There are two types – public offer (e.g. industry funds) and...

Stacie Shaw

Partner

Newcastle, Sydney

Insights

PKF “Break it down” — Pay-As-You-Go (PAYG)

What is PAYG? Pay-As-You-Go requires tax payments as income is earned (not just on lodgement of an income tax return); imposed as Withholding and Instalments. PAYGW is withheld by the payer and they remit it to the ATO (e.g. employers remit on behalf of employees; banks remit on behalf of...

Stacie Shaw

Partner

Newcastle, Sydney

Insights

PKF “Break it down” — Fringe Benefits Tax

What is Fringe Benefits Tax (FBT)? FBT is a tax that ‘catches’ benefits provided to employees that don’t have tax withheld from them the way wages normally would. Why was FBT imposed by the ATO? Employees got ‘cute’ about saying to their employer: “Rather than pay me wages, which you...

Stacie Shaw

Partner

Newcastle, Sydney

Insights

PKF “Break it down” — Division 7a

What is Division 7A (Div7a)? Div7a is legislation introduced by the ATO to stop business owners drawing cash out of their companies without paying tax on it. Why was Div7a introduced by the ATO? Business owners were drawing cash out of their business as a ‘loan’ (with no real intention...

Stacie Shaw

Partner

Newcastle, Sydney

Insights

PKF “Break it down” — Dividends/franking account

What is a Dividend? A dividend is the payment of profits by a company (or limited partnership) to a shareholder. Why are dividends “franked”? The current company tax rate is 30% (with lower rates for some eligible smaller companies). A company will generally have already paid tax on some or...

Stacie Shaw

Partner

Newcastle, Sydney

Insights

澳洲CRS（共同申报准则）最新数据重磅发布：信息交换与合规风险解析

CRS早已不仅是一个监管制度，而是一场全球税收治理格局的深刻变革。

Ryan Lu

Partner

Melbourne

Insights

Essential insights for Multinational Enterprises

In December 2024, the ATO introduced Draft Practical Compliance Guideline PCG 2024/D3, which outlines the compliance approach for restructures of financing arrangements under the new thin capitalisation and debt deduction creation rules. This article explores the workings of these rules and their implications for MNEs' intercompany dealings. Third Party Debt...

Becky Nguyen

Partner

Melbourne

Press Releases

PKF celebrates the 2025 Water Polo Australia PD Scholarship recipients

For the third year running, PKF Sydney and Newcastle is incredibly proud to stand behind Water Polo Australia’s Professional Development (PD) Scholarship Program, a cause close to our hearts. Supporting these remarkable athletes as they chase their dreams beyond the water isn’t just an investment in their futures, it’s a...

Nicholas Falzon

Director

Sydney, Newcastle

Updates

PKF Perth become an official partner of Claremont Football Club

We are proud to announce that PKF Perth has become an official partner of the Claremont Football Club. This partnership reflects our ongoing commitment to supporting the local community and grassroots organisations.

2 contributors

Perth

Insights

ATO overhauls local file reporting: key changes explained

On 23 December 2024, the Australian Taxation Office (ATO) introduced a new local file schema and finalised instructions for reporting periods beginning on or after 1 January 2024, marking significant changes for the 2025 income year. What's new? The ATO's new local file schema aims to gather more detailed and...

Becky Nguyen

Partner

Melbourne

Insights

Coalition budget reply 2025

In their 2025 Budget reply speech, opposition leader Peter Dutton outlined several key measures aimed at addressing Australia's economic challenges and setting the Coalition's agenda ahead of the May 3 federal election.

David Pring

Partner

Newcastle

Insights

Shake It Up Australia Foundation: Leading the charge for Parkinson’s research in Australia

April 11th marks World Parkinson’s Day, a moment to reflect, raise awareness, and rally support for those affected by Parkinson’s disease.

38 people are diagnosed with Parkinson's everyday in Australia, and so to commemorate the day, the PKF Perspective Podcast hosted a special conversation with Vicki Miller, CEO of the Shake It Up Australia Foundation; a not-for-profit organisation laser-focused on funding Australian Parkinson’s research.

Emma Hansen

Head of Marketing

Sydney, Newcastle

Insights

The value of a Business Advisor: More than just numbers

In the world of business, entrepreneurs often find themselves navigating challenges that extend far beyond financial statements and budgets. While many perceive business advisors as purely technical consultants focused on numbers and growth strategies, the reality is far more nuanced. For an experienced business advisor, the role is fundamentally about...

Jackie Marriott

Partner

Newcastle, Sydney

Insights

Pulse April 2025 — MD Welcome

We are now well into 2025 and it’s been an exciting and dynamic start to the year for us. From major office transformations to impactful partnerships and inspiring events, we are building momentum for what promises to be another outstanding year.

Bob Bell

Managing Director

Sydney, Newcastle

Insights

New legislation stopping the deductibility of General Interest and Shortfall Interest Charge in Australia

They say death and taxes are inevitable, but at least historically you used to be able to claim a deduction on the latter’s interest charges. In this regard, the Federal Government has decided to tighten the rules. General Interest Charge (GIC) and Shortfall Interest Charge (SIC) incurred after 1 July...

Garry Mathoda

Director

Sydney

Insights

Reflecting on the incredible 2025 PKF Australia Business Advisory Conference in Newcastle

Newcastle set the stage for a conference that blended learning, collaboration, and connection – delivering insights that will tangibly influence our Real Life.

Angela Lenehan

Senior Manager

Sydney

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