VI Partners Pty Ltd

30/06/2026

Every EOFY deserves cupcakes! 🧁 Wishing our clients, team and business community a successful start to the new financial year. Happy EOFY! 🎉

05/06/2026

Are you ready for Payday Super? If you pay wages, the countdown is on!

Head to our website for helpful resources www.vipartners.com.au

28/05/2026

If you’re locking up your holiday home for personal use over busy periods like Christmas, Easter or school holidays, you could be giving up some valuable tax deductions - think mortgage interest and council rates.

The ATO has upended a 40-year understanding of how owners claim holiday home costs in a tax crackdown that could trigger a property sell-off.

27/04/2026

The ATO has released updated guidance targeting holiday homes and short‑term rental properties, and it’s an area where many owners are getting deductions wrong. If a property is used privately, left vacant, or not genuinely available for rent, deductions may be limited - even if it’s listed online.

The ATO is particularly focused on:

- whether the property is genuinely available for rent
- periods of private or family use
- claims made while the property is not rented or actively marketed

If you own a holiday home or rental property, it’s worth a quick read of our latest article:

The Australian Taxation Office (ATO) has recently released updated guidance that significantly affects how rental property deductions are claimed – particularly for holiday homes that are rented out part of the year but also used personally. For property owners, this change is important. In many c...

22/04/2026

‼️The ATO is increasing its focus on sham contracting, and it’s an area where many small businesses can get caught out without realising.

If a worker is treated as a contractor when they should legally be an employee, the consequences can include back‑paid super, leave entitlements, penalties and interest.

We’ve put together a practical article explaining what sham contracting is, why the ATO is paying closer attention, and the key signs they look for when reviewing arrangements.

If you engage contractors (or think you do), it’s worth taking a few minutes to make sure your arrangements are right. Read more here:

If you employ staff or engage contractors, it’s worth taking a fresh look at how your workers are classified – because the ATO and Fair Work Ombudsman have publicly confirmed an increased focus on sham contracting. This follows recent enforcement activity reported in the media, including a case ...

16/04/2026

💳 Using business money for personal expenses?

It’s more common than you think and it can be expensive if not handled correctly.

The ATO regularly flags situations where business owners use company money or assets for personal use (think credit cards, holidays, school fees). If it’s not managed properly, this can trigger Division 7A and result in unexpected personal tax.

✅ Why it matters
✅ Common traps we see
✅ Simple steps to avoid issues

We’ve broken it all down in this week’s blog 👉

The Australian Taxation Office (ATO) regularly publishes focus areas for small businesses. One of the top areas where the ATO regularly sees errors is where a private company shareholder uses business money and assets for personal use or benefit, which can lead to Division 7A issues. What is Divisio...

01/04/2026

Our office will be closed for Good Friday, and also Easter Monday.

We’ll reopen as usual after the long weekend.

Wishing everyone a relaxing and happy Easter break 🐰

05/03/2026

Keeping positive cash flow is really important for a small business. Late payments can cause big issues, so stay on top of your invoicing with a proactive strategy. Sometimes it just takes a phone call.

25/02/2026

Government grants and incentives are a great way to boost your capital. We’ve highlighted four areas of financial support that your business may be eligible to claim.

Government grants and incentives are a great way to boost your capital. We’ve highlighted four areas of financial support that your business may be eligible to claim.

15/02/2026

📢 ATO releases new Payday Super resources

With Payday Super on the horizon, the ATO has released new guidance and resources to help employers understand what’s coming and how to prepare.

If you employ staff, now is the time to get across:
✅ What Payday Super means
✅ How it will impact payroll processes
✅ What the ATO expects from employers

👉 Access the ATO’s new resources here

Resources to help you understand and get ready for Payday Super.