by blubookkeepers | May 27, 2025 | Bookkeeping
There’s a tax change coming that’s flying under the radar.. but it could hit business cashflow hard. From 1 July 2025, the interest the ATO charges on unpaid tax (GIC and SIC) will no longer be tax-deductible. That means: ❌ No tax offset❌ Higher real cost of tax debt❌...