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Find out if your business is eligible for the $20,000 instant asset write-off for the 2025–26 income year.
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Understand ATO focus on arrangements that extract wealth from private companies to avoid the correct amount of tax.
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Not all SMSFs will have the same SMSF annual return (SAR) lodgment due date. Some SARs are due 28 February 2026.
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Join the ATO to hear the latest on Payday Super and what you may need to do to be ready for 1 July 2026.
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The ATO has released a Payday Super checklist for employers to get ready for 1 July.
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The ATO is urging tax professionals to stay vigilant against an unlawful tax scheme circulating in the community. This scheme involves donating artificial barter credits to deductible gift recipients in an attempt to claim inflated tax deductions. Be aware of clients getting involved in these arrangements. Advise them to reject any approaches to become part of the scheme and report it by making a tip-off.
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You now need to use new remission application forms to request a remission for general interest charge, shortfall interest charge and failure to lodge (FTL) penalty. Download the new forms from the ATO website and submit them via practice mail in Online services for agents. While the ATO implement this new process, you may experience delays in actioning your request. They’re working hard to minimise delays and appreciate your patience.
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You can now view statistics on the processing times for business activity statement (BAS) refunds on data.gov.au. Since 1 July 2025, the ATO has 30 days to notify a taxpayer that their BAS refund is being retained for verification. This is an increase from 14 days under the Extending the ATO’s BAS Retention Framework measure. Publishing this data fulfills a commitment made in the announcement of this measure. They will continue to publish this data regularly.
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Certain supplies made through sharing economy platforms must be reported by their operators.
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The ATO has expressed concern about property development arrangements that defer the recognition of income and exploit tax losses.
