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Keep up to date with the latest news at Future Accounting
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Thinking About Reducing Your PAYG Instalment? The ATO’s 85% Rule Could Cost You
Reducing a PAYG instalment can be appropriate when a business genuinely expects its taxable profit to fall. Learn how the ATO's 85% rule works, what evidence can support a variation and why cash flow problems should not automatically lead to lower instalments.
2 days ago4 min read


Spend Months Overseas? The ATO Has Your Travel Dates — But 183 Days Is Not the Whole Story
Spending more than 183 days overseas does not automatically mean you stop being an Australian tax resident. Learn how the ATO uses passenger movement data and why your family, home, assets, employment and broader circumstances can all matter when determining tax residency.
Sep 144 min read


Bought a New Vehicle? The ATO May Already Know More About It Than You Think
The ATO can receive detailed vehicle transaction data through its motor vehicle registries data matching program. Learn how to keep your vehicle purchase, use and tax treatment consistent and properly documented.
Sep 75 min read


Could the ATO Soon Calculate Your Tax Instalments from What Is Happening in Your Business Right Now?
Dynamic PAYG Instalments could change how Australian businesses manage tax payments from 1 July 2027. Discover how more responsive PAYG instalments may improve cash flow and why accurate, up-to-date accounting data will become increasingly important.
Sep 44 min read


An ATO Payment Plan Does Not Fix a Cash-Flow Problem
An ATO payment plan can buy time, but it cannot fix the underlying cash-flow problem. Discover why tax debt keeps recurring and what businesses can do to improve cash flow, working capital and financial sustainability.
Aug 285 min read


The ATO Can Now Pre-Fill Contractor Income: What Tradies and Sole Traders Need to Know
TPAR information is increasingly visible in contractor tax returns. Businesses have a 28 August reporting deadline, while sole traders should reconcile pre-fill against their own books before lodging.
Aug 125 min read


Fuel Tax Credits Changed Again: Are You Using the Right Rate on Your BAS?
Fuel excise settings changed again in August 2026, creating new fuel tax credit considerations for farmers, transport operators, contractors and other fuel-intensive businesses. If your BAS includes fuel purchased across different rate periods, using one rate for every litre could lead to an incorrect claim. This guide explains what determines the applicable fuel tax credit rate, common mistakes to avoid and the practical steps businesses can take to stay compliant and protec
Aug 105 min read
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