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2023-24 Federal Budget: Ute buyer frenzy to beat June 30 deadline for Instant Asset Write-Off
Ute buyers and tradies are in a race against time to take delivery of their new work vehicle before the current Instant Asset Write-Off tax break expires and the spending cap drops from $65,000 to $20,000 – barely enough for a pizza-delivery hatchback.
ATO swings axe on landlords submitting dodgy tax returns
The Australian Taxation Office (ATO) has vowed to crack down on landlords submitting dodgy tax returns, after a recent review found nine in 10 made mistakes and wrongfully claimed expenses.
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