Foreign companies have until 30 June to implement governance changes Foreign incorporated companies that may have their tax residency status

Proposed public beneficial ownership register A consultation paper on a proposed public beneficial ownership register has been released by the

Compulsory reporting to ATO for sharing economy platforms Compulsory reporting of information to the ATO for sharing economy platforms is

FBT car parking benefits: broad test for “primary place of employment” Businesses that provide FBT car parking benefits should be

Personal services income The tax legislation contains special rules about personal services income (PSI). The PSI rules are aimed at

Tax crack down coming Against a sobering backdrop of economic data and a record Budget deficit, the Treasurer announced the

New lower fixed rate method for claiming WFH expenses Taxpayers could soon be dealing with more paper work at tax

IGOT interim report on ATO’s handling of objections The result of a recent review into the ATO’s handling of objections

Practical Compliance Guideline PCG 2019/5 updated for COVID Practical Compliance Guideline PCG 2019/5 has recently been updated by the ATO

Updated ATO Guide – Market valuation for tax purposes The ATO has released an updated version of its online Guide,

Proposal to simplify FBT record keeping In order to reduce red tape for businesses, the government has released draft legislation

Proposed 20% bonus deduction for employee training To stem the tide of the current workforce shortage in many industries, the

Some SMEs to be subject to 4 year period of review Some small and medium business entities (SMEs) could soon

Changes to clarify the tax residency tests for individuals A Draft Ruling is due to be issued by the ATO

Forthcoming tax law changes The government has introduced a number of legislative changes, some related to previously prorogued measures when