Changes made to non-individual tax returns and schedules for 2024.
Tips for tax agents to correctly claim deductions for repairs and improvements made to a client’s rental property.
From 1 July, to confirm eligibility for income tax exemption, your NFP clients will need to lodge an annual NFP self-review return. You can lodge on their behalf in Online services for agents. If your clients require additional time to lodge, they have until 31 March 2025. Familiarise yourself with the 3 steps to submitting your NFP self-review return before lodging in online services.
The small business energy incentive gives your business clients (with an aggregated turnover of less than $50 million) the opportunity to claim a bonus tax deduction. The incentive applies to the cost of eligible assets, or upgrades to existing assets, that support more efficient energy use.
The small business energy incentive supports your clients’ energy needs while giving them a bonus tax deduction.
The ATO will send you a list soon of your clients who may need to lodge a Taxable payments annual report (TPAR).
Find out what’s new, tips to prepare your practice and the support options available.
Learn about key system updates in Online services for agents.
Changes to Individual income tax rates and thresholds from 1 July 2024.
We’re focusing on capital losses that appear to be excessive, incorrect, or misclassified.