The Australian Taxation Office (ATO) welcomes the release of the Australian National Audit Office’s (ANAO’s) report on the Governance of Artificial Intelligence (AI) at the ATO. The ANAO’s report provided…
As part of the 2024–25 Budget, the Government announced its Future Made in Australia package to support Australia's transition to a net zero economy. This package included 2 new, temporary…
If you own a private company, understanding how Division 7A applies is crucial to avoiding costly tax consequences when accessing its money or other benefits.Division 7A is an integrity rule…
We’re continuing to engage with industry and stakeholders on the government’s Payday Super reform to begin from 1 July 2026.Although this measure is not yet law, consultation updates are available…
Fund trustees, through a digital service provider, should submit the new product details as soon as possible before the new data is to take effect.When submitting details for a new…
