Insights
Welcome to the Saab Partners blog, your one-stop source for the latest insights, trends, and expertise in the world of accounting and financial services. Join us as we navigate the ever-changing landscape of finance, empowering businesses and individuals through strategic partnerships and unparalleled expertise.
Labor’s Victory: unpacking the promises and priorities
As the Labor party settle back into their seats having secured a majority in the House of Representatives, we look at the campaign promises and the unfinished business from the last term.
From air fryers to swimwear: tax claims to avoid
With the 2025 tax season fast approaching the Australian Taxation Office (ATO) is reminding taxpayers to be careful when claiming work related expenses. This is in reaction to a spate of claims that didn’t quite pass the ‘pub test’.
ATO’s new requirements for NFPs
If you are involved with running a not for profit (NFP) organisation it is important to be aware of key obligations and requirements.
Economic crossroads: US shrinks, Australia holds steady
The US economy experienced a notable slowdown in the first quarter of 2025. The latest GDP data showed the economy contracted at an annual rate of -0.3%.
Year-end tax planning opportunities & risks
With the end of the financial year fast approaching, we outline some opportunities to maximise your deductions and reduce risk of ATO scrutiny.
Instant asset write-off threshold finally confirmed
The Government finally passed legislation increasing the instant asset write-off threshold for the year ending 30 June 2025 to $20,000.
Property subdivision projects: the tax implications
As the urban sprawl continues in most major Australian cities, we are often asked to advise on the tax treatment of subdivision projects. Before jumping in and committing to anything, it is important to understand the tax liabilities that might arise from these projects.
The ATO’s updated small business benchmarking tool
The ATO has updated its small business benchmarks with the latest data taken from the 2022–23 financial year. Read more about their updates here.
Super guarantee rules catch up with venues and gyms
The super guarantee rules are broad and, in some circumstances, extend beyond the definition of common law employees to some directors, contractors, entertainers, sports persons and other workers.