Annual Tax Update for SMEs 2025

Stay across the latest tax changes affecting SME and private clients. Learn what's changed, what it means for your clients, and how to navigate the new landscape. What’s Covered: ATO focus areas: Division 7A, Family Trust Distributions Tax, and more under the microscope. Key judgements: Cases impacting SMEs and private clients. New rulings and obligations: Legislative changes, updated TPB obligations, and new ATO guidance. 2026 outlook: AML/CTF reforms, Payday Super, Bendel, and more - and what to do right now. Watch now and stay confidently on top of the latest tax changes. 00:00 - Introduction & Agenda 01:25 - Big Decisions in 2025: PepsiCo, Naaman v Jaken, AusNet, Toowoomba Regional Council, Uber 08:54 - Lessons Learned 08:54 - Residency: Evans, Abotomey, Quy 11:37 - Work-related expenses: CBRX, Hall, Shaw 15:24 - Unexplained deposits: HWFX, CMYT & JDRJ, ZFPR, Olow 18:03 - Claiming deductions: S.N.A. Group, South Seas Holdings 21:05 - Director dangers: Slowey, Jayasinghe, One Tree Agriculture 22:14 - GST input tax credits: Mangini, Karagounis, Barth Family Trust 23:24 - Trust issues: Goldenville 24:23 - R&D Tax Incentives: Bakarich (No. 2), Ultimate Vision, R v Clarke 26:31 - Novel Arguments Awards! 26:31 - Mangini, Teterin v Linrod, Evans, Fisher 29:35 - Cases to watch in 2026 29:35 - Bendel - Division 7A & Unpaid Present Entitlements (UPEs) 30:04 - Hall - Home office deductions 30:40 - Morton - Capital vs revenue on land 33:53 - Legislation Changes: Enacted & Announced 36:48 - All About the ATO 36:48 - Public Guidance 43:43 - Focus Areas for SMEs 49:53 - What’s Coming for Tax Agents 49:53 - Tax Practitioners Board (TPB) 50:54 - Tax Ombudsman reviews 51:11 - AML/CTF changes 52:49 - Q&A and Conclusion For unlimited access to engaging tax training for accountants, head to https://taxnuggetsacademy.com.au/.