The time is nearly here once again for the lodgment of our Individual and Business Income Tax Returns. Each financial year brings with it changes, updates and new target areas for the ATO. Here, we outline some key pieces of tax time information for 2023 to help you with your taxation planning and lodgement.
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Read MoreAs we near the end of March 2021 and head towards 30th June, there are a number of key measures for businesses to consider particularly for entities where they use their Motor Vehicles for personal use. The provision of cars by employers to employees remains an issue that continues to create confusion for some business taxpayers.
Read MoreThe aim of the loss carry-back legislation is to provide temporary cashflow support to Australian companies that were in a tax-paying position prior to the COVID-19 pandemic, but who now find themselves in a tax-loss position as a result of the pandemic and/or through obtaining accelerated deductions for depreciation under the new instant asset write-off measures.
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