New TASA Requirements Coming 1 July 2025

At Butler, we pride ourselves on maintaining high professional standards and delivering transparent, trustworthy service to all our clients. From 1 July 2025, new professional standards under the Tax Agent Services Act (TASA) will come into effect, introduced by the Tax Practitioners Board (TPB) to ensure greater clarity, consistency, and client protection across the tax … Read more

The Hidden Costs of Financial Disengagement: A Cautionary Tale

Imagine this: John, a successful businessman in his early 50s, was the epitome of financial organisation. He meticulously managed the family’s finances—running the SMSF (Self-Managed Super Fund), overseeing multiple bank accounts, managing trading entities, and handling several companies registered in his name. His wife, Sarah, trusted him implicitly and took a back seat in financial … Read more

The Importance of a Family Charter in a Family Office

Family offices, while diverse in nature, share a common goal: to manage and protect the wealth of high-net-worth families. Each family office is unique, much like the families it serves, and the saying among family enterprise advisers holds true: if you have seen one family office, you have seen one family office. However, there are … Read more

Navigating Super Payment Due Dates: A Guide for Businesses

In the world of business, staying on top of financial obligations is paramount, and one such obligation that demands attention is superannuation payments. As per the Australian Taxation Office (ATO) guidelines, employers are required to ensure that their employees’ super payments are received by the designated funds on or before the quarterly due dates. This … Read more

Celebrating Sue’s 21-Year Career and Retirement

We have some important news to share with you all. After 21 years of dedicated service with Butler Pty Ltd, our esteemed colleague, Sue Whitehouse, will be retiring on December 22nd, 2023. This marks the end of an era for us, but it’s also the beginning of a well-deserved new chapter in Sue’s life. Sue … Read more

Navigating PAYG Instalments: A Comprehensive Guide for Businesses

Introduction: Pay As You Go Instalments, commonly referred to as PAYG Instalments, play a pivotal role in ensuring businesses and individuals in Australia meet their income tax obligations throughout the financial year. This system, administered by the Australian Taxation Office (ATO), is particularly relevant for businesses anticipating a tax liability at the end of the … Read more

ATO’s Focus Areas for Tax Time: What You Need to Know

As tax time approaches, it’s essential for Australian taxpayers to understand the Australian Taxation Office’s (ATO) key focus areas for this year. ATO Assistant Commissioner Tim Loh has identified three critical areas that often lead to mistakes: rental property deductions, work-related expenses, and capital gains tax. To ensure accurate reporting and compliance, it’s vital for … Read more