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Government to make major changes to FBT exemption for EVs

Miranda Brownlee | 1 minute read

Employees wishing to take advantage of tax concessions withs EVs and salary packaging should focus on lower value vehicles and act soon, says BDO.

ATO to target misleading advice, aggressive sales tactics in R&DTI space

The Tax Office has outlined the areas currently on its radar with research and development tax incentive claims and encouraged tax professionals to report any dodgy R&DTI advice being promoted. ...

‘Technical advice alone is no longer enough’ post-budget
An adviser warning with prohibited share self-ownership

One key issue which advisers must be aware of when reviewing existing structures or establishing new entities is that, under the Corporations Act, companies are prohibited from owning shares in themselves, writes Matthew Burg...

ASIC issues call to action regarding AI cyber risks
Tax trust changes could spark further administrative burden: Corrs

Practitioners must watch closely for policy changes regarding the taxation of trusts, as any changes are likely to add further administrative burden for clients, the law firm says.

Shell wins appeal in CGT dispute with ATO

The Federal Court has overturned an objection decision by the Commissioner of Taxation concerning the calculation of capital gains on company shares that were disposed of by Shell Energy Holdings Australia. ...

Treasurer unveils 'ambitious' tax reform package for 2026 federal budget

The government has revealed the details of five major reform packages aimed at addressing substantial issues in the Australian economy and tax system.

Government provides detail on R&D tax incentive reforms

The government has unveiled a raft of reforms to the R&D tax incentive, alongside changes to trusts, CGT, and negative gearing.

WA state budget fails to deliver broad-based tax reform
Family trust distribution tax: the growing PI risk for accountants
Business impacts of Middle East conflict 'not a distant crisis’: CA ANZ