We are pleased to supply you with the latest edition of Client Alert, which contains information on a number of important taxation developments up to and including 24 January 2025.
- Recovering from a natural disaster: what you need to know about tax – As Australia experiences another summer of unpredictable weather patterns, it’s essential to be prepared for the unexpected.
- Changes coming for buy now pay later services – If you’re one of the millions of Australians who use BNPL services, important changes are coming that will give you stronger consumer protections from 10 June 2025.
- ATO launches its small business focus areas for 2025 – The ATO has outlined specific areas of concern to help you avoid common pitfalls and manage your tax obligations effectively.
- ATO warns about GST refund fraud: check your arrangements – The ATO-led Serious Financial Crime Taskforce has issued a warning to businesses against trying to cheat the tax and super system by committing GST fraud.
- How tax works in Australia’s superannuation system – Australia’s super system plays a vital role in ensuring financial security for individuals in retirement.
- Super legacy pensions: regulations offer window to exit – Regulations that came into effect in December 2024 allow thousands of SMSF members to exit legacy income streams at any stage until 7 December 2029.
You can read the full Client Alert here
