6TH APR 2021

April’s month’s monthly tax update includes information on JobKeeper coming to an end, backdated ABNs, the first criminal conviction for JobKeeper fraud, ATO’s taxable payments reporting system update, FBT rates and thresholds for the 2021/22 FBT year, a warning regarding new illegal retirement planning scheme and new succession planning guide for family businesses. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.