Changes to Capital Gains Withholding tax

Changes to foreign resident capital gains withholding tax rate and threshold. The withholding tax rate [...]

Tax and compliance changes in effect from 1 July 2024

We provide you a summary of all the enacted legislation that comes into effect from [...]

Instant asset write-off extended for small businesses

New legislation currently before the Australian Senate will amend the transitional provisions of the tax [...]

Increased flexibility for Carer payment recipients

A 2024 Federal Budget announcement will allow greater flexibility for you if you are receiving [...]

The Commissioner gains power to not apply refunds against old tax debts

Months after the Australian Taxation Office (ATO) apologised for the distress caused by the letter [...]

Energy bill rebate coming for individuals and small businesses

The 2024 Federal Budget, which was released with a main focus on cost-of-living measures (among [...]

Taxpayers with HELP student loans set to receive indexation credits

Roughly 3 million eligible Australians will have their Higher Education Loan Program (HELP debt) and [...]

Foreign resident CGT regime – integrity changes to be adopted

Announced in the 2024 Federal Budget as an integrity measure, are changes to the foreign [...]

Instant asset write-off extended for small business

As part of the 2024 Federal Budget, the Federal government has announced a one year [...]

2024–25 Federal Budget Highlights

The Federal Treasurer, Dr Jim Chalmers, handed down the 2024–25 Federal Budget at 7:30 pm [...]