The Administrative Appeals Tribunal (‘AAT’) has held that two taxpayers were not carrying on a business of providing services to...
Deductions under ‘temporary full expensing’ are only available in the 2021-, 2022- and 2023-income years, and are expected to come...
The ATO has advised that it will acquire residential investment property loan data from authorised financial institutions for the 2021/22...
1. Personal income tax measures 1.1 Increasing the Medicare levy low-income thresholds The Government will increase the Medicare levy low-income thresholds for...
The ATO has reminded SMSF trustees that their SMSF must be operated for the sole purpose of providing retirement benefits...
The ATO recently released draft guidelines setting out a methodology for calculating the cost of electricity when an electric vehicle...