ATO and Tax Updates

Proposed 20% bonus deduction for employee training To stem the tide of

Some SMEs to be subject to 4 year period of review Some

Changes to clarify the tax residency tests for individuals A Draft Ruling

Forthcoming tax law changes The government has introduced a number of legislative

FBT exemption for electric cars During the 2022 election campaign, Labor announced

GST fraud update: Operation Protego In a recent update on Operation Protego,

ATO new approach to unpaid present entitlements and sub-trusts The long awaited

ATO strategy update: small business and individuals While providing a recent strategy

ATO’s new protocol for making LPP claims Recently, the ATO released a

Temporary full expensing of depreciating assets extended Businesses will have another year