Individual property investors should be aware that the ATO has announced a new data matching program to ensure that all data entered is correct and compliant.
A number of tax incentives have recently been introduced or proposed by the Australian Government and some of the State Governments which are intended to increase the supply of new housing for rent.
We are pleased to supply you with the special Budget edition of Client Alert, which outlines key announcements of the May 2023 Federal Budget.
Several tax changes apply in the 2022/23 income year. There may be some advantages in acting on some of these items before 30 June.