We are in a time where creating environmentally sustainable business practices is front of mind. Aaron discusses how the government is helping businesses lead the way in developing effective ways to reduce emissions and move to a cleaner future
A new revised fixed-rate method for calculating working from home expenses will soon apply.
A new law has been passed which requires operators of electronic distribution platforms (like Airbnb and Uber) to provide information to the ATO on transactions made through their platforms.
Traditionally, there was a $250 threshold applicable to claiming self education expenses in your income tax return. However, from the 2022-23 tax year onwards, this threshold has been removed.