The government is currently seeking feedback on design features of the Board of Taxation’s proposed model to modernise individual tax residency, initially contained in its 2019 report. The new framework was designed to simplify the tax system and reduce compliance costs for individuals and employers. The model that the Board of Taxation proposed consists of …
With the never-ending increase in Australian house prices, many desperate home buyers are often turning to other, perhaps unconventional, means to secure housing, one such property scheme currently making the rounds involves the use of SMSFs and has caught the ATO’s attention. The scheme is classified as an illegal early release by the ATO and …
The ATO has extended the motor vehicles data matching program once again to encompass the 2022-23 to 2024-25 financial years. This successful program has been running for 19 years in various iterations, and was developed as a way to assess the overall tax compliance of individuals and businesses involved in buying and selling motor vehicles. …
As the prior General Manager of a large property-based business in Queensland and now a Director at Deloitte, Mickael has been working with us for the past 12 years on various engagements. We would like to give Mickael a massive thank you for his kind words and look forward to many more years working together! …