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Latest News Headlines
  • Draft ATO guidance on when an individual is carrying on a business has been released

  • SMSF borrowing guidance has been updated to reflect the new limited recourse borrowing rules

  • Changes to two key SMSF rulings have been proposed in light of the new borrowing rules

  • The ATO has revised its guidance on rectification directions for SMSF breaches

  • Draft GST timing rules for supplies and purchases made through agents have been issued

  • The bills for a 30 per cent minimum tax on discretionary trusts have been referred to a Senate committee

  • The family trust distribution tax interest remission offer has been extended to mid-2027

  • The ATO has responded to the Hicks decision on corporate restructures

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