The Government had temporarily halved the excise and excise equivalent customs duty rates for fuel.

A series of reforms and changes will commence on 1 July 2022. Here’s what is coming up.

Throughout March, the ATO sent letters to directors who are potentially in breach of their obligations. These letters are a warning shot and should not be ignored.

Spend $100 and get a $120 tax deduction on training and technology costs - but, there are a few problems.

The 2022-23 Federal Budget is a safe, ballot box friendly Budget as expected with a focus on jobs, cost of living, home ownership, and health.

Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes.

The Federal Budget has been brought forward to 29 March 2022.

Introduced in the 2020-21 Budget and now extended until 30 June 2023, this measure enables an asset’s cost to be fully deductible upfront rather than being claimed over the asset’s life.

Many family groups will pay higher taxes (now and potentially retrospectively) as a result of the ATO’s more aggressive approach to trust income distribution,

The Australian Taxation Office’s finalised position on the allocation of profits from professional firms starts on 1 July 2022