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Understanding BAS Late Penalties and How to Avoid Them

Understanding BAS Late Penalties and How to Avoid Them

by Camden Professionals | Sep 15, 2025 | ATO, BAS

Falling behind on your Business Activity Statement (BAS) lodgements can feel overwhelming — particularly when the Australian Taxation Office (ATO) begins to apply penalties and interest. For small business owners already juggling cash flow, a missed BAS deadline or...
Your Guide to the ATO Super Clearing House Closure

Your Guide to the ATO Super Clearing House Closure

by Camden Professionals | Sep 15, 2025 | ATO, Payroll

If you’re a small business owner using the ATO’s Small Business Superannuation Clearing House (SBSCH) to pay your employees’ super, big changes are on the horizon. The free service that’s been a simple, reliable tool for over 200,000 small businesses is closing down,...
Understanding the New 20% Student Loan Reduction

Understanding the New 20% Student Loan Reduction

by Camden Professionals | Sep 15, 2025 | ATO, Cashflow

The Australian government’s promise to ease the burden of student debt has officially become law, delivering a 20% reduction for millions of Australians with student loans. If you’re one of the more than three million people with a Higher Education Loan Program (HELP)...
No More Tax Deductions for ATO Interest Charges from 1 July 2025

No More Tax Deductions for ATO Interest Charges from 1 July 2025

by Camden Professionals | Aug 7, 2025 | ATO

From 1 July 2025, Australian taxpayers will no longer be able to claim deductions for interest charges imposed by the Australian Taxation Office (ATO), such as General Interest Charge (GIC) and Shortfall Interest Charge (SIC). This change, announced in the 2023–24...
Why You Shouldn’t Lodge Your Tax Return Too Early in 2025

Why You Shouldn’t Lodge Your Tax Return Too Early in 2025

by Camden Professionals | Jul 22, 2025 | ATO, Tax Refunds

As the cost of living continues to rise, it’s no surprise that many Australians are eager to lodge their tax returns as soon as the financial year ends. With nearly half the country expecting a refund, it’s tempting to file early and pocket that cash. But the...
How to Lodge a Late Tax Return in 2025

How to Lodge a Late Tax Return in 2025

by Camden Professionals | Jun 15, 2025 | ATO, Income Tax Returns

Life happens. Whether you missed a tax deadline by accident, felt overwhelmed by paperwork, or faced unexpected personal challenges — falling behind on your tax returns is more common than you think. The good news? It’s never too late to catch up. With decades of...
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