FBT exemption for electric cars During the 2022 election campaign, Labor announced its Electric Car Discount policy in order to

GST fraud update: Operation Protego In a recent update on Operation Protego, the ATO has continued to take action against

ATO new approach to unpaid present entitlements and sub-trusts The long awaited Taxation Determination on the treatment of UPEs and

ATO strategy update: small business and individuals While providing a recent strategy update, Mr Jeremy Hirschhorn, Second Commissioner Client Engagement

ATO’s new protocol for making LPP claims Recently, the ATO released a protocol document which contains its recommended approach for

Temporary full expensing of depreciating assets extended Businesses will have another year to utilise the temporary full expensing of depreciating

Resumption of ATO debt collection of aged tax debts Taxpayers with aged debts that the ATO had paused collecting or

Updated ATO guidance: debt relief, waiver and non-pursuit of tax debts Tax related debts are sometimes ignored by those struggling

Current compliance issues in the SMSF space The SMSF space has always been a complex area for trustees, beneficiaries, and

New ATO guidelines for allocation of professional services firm profits If you run a professional services firm there are many

STP Phase 2 Single touch payroll (STP) has now entered Phase 2, although most employers may not yet be reporting

ANAO report recommends more ATO action on SGC non-compliance The Australian National Audit Office (ANAO) has recently issued a report

GST refund fraud scheme The ATO has lifted the lid on its most recent operation to stamp out GST fraud:

Tax focus areas for 2022 Tax time 2022 is fast approaching, and this financial year, the ATO will again be

AAT potential powers to suspend or modify ATO debt recovery action Small businesses engaged in taxation disputes with the ATO