Keep Up To Date with the Latest News from the World of Finance and Tax

The Government will amend Australia’s global and domestic minimum tax legislation, introduced in 2024, to implement the side-by-side package agreed

The Government will provide $86.3 million over four years from 1 July 2026 and $9.7 million per year ongoing from

The Government will extend the temporary ban on foreign purchases of established residential dwellings by two years and three months

The Government will provide $8.2 million over three years from 2025-26 to extend the Small Business Debt Helpline financial counselling

The Government is reforming the R&D tax incentive to simplify and better target Government support for business R&D. From 1

The Government has temporarily reduced the excise and excise-equivalent customs duty rates (excise rates) applying to most fuel products and

The Government will provide $10.9 million to the ATO to expand its pilot of dynamic PAYG instalment calculations and will

The Government will introduce loss refundability for small start-up companies. For tax years commencing on or after 1 July 2028,

The Government will provide tax relief to businesses by reforming the treatment of tax losses. For tax years commencing on

From 1 July 2026, the Government will permanently extend the $20,000 instant asset write-off for small businesses with turnover of

From 1 April 2029, a permanent 25% discount on FBT will be available for all electric cars valued up to

The Government will remove the age-based uplift of the PHI Rebate from 1 April 2027. Currently, individuals aged 65 and