On 14 May 2024, as part of the 2024–25 Budget, the Government announced changes to accelerate investment in Future Made in Australia priority industries. These changes are not yet law.Hydrogen…
Latest announcementsModernising Tax Administration Systems (MTAS)Strengthen penalty and shortfall interest charge provisionsDebit and credit card merchant service feesHydrogen Production and Critical Minerals Tax IncentivesMYEFO 2024-25The government handed down the 2024–25…
On 18 December 2024, as part of the 2024–25 Mid-Year Economic Fiscal OutlookExternal Link, the Government announced it will amend the tax law to strengthen Australia’s current tax penalty regime…
On 18 December 2024, as part of the 2024–25 Mid-Year Fiscal and Economic OutlookExternal Link, the Government announced it will support the modernisation of income tax reporting systems to reduce…
As part of the 2022–23 Budget, the Government announced it would introduce reporting requirements for relevant multinational entities to enhance the tax information they disclose to the public.This new measure…
