1ST JUL 2024

The July edition of the monthly tax update includes information on ATO's 'main residence exemption tips', Reminder of June 2024 Quarter Superannuation Guarantee ('SG'), Notice of Medicare levy exemption data-matching program, Family trust elections and interposed entity elections, ATO may cancel inactive ABNs, New lodgment obligation for income tax exempt organisations and Taxpayers able to apply CGT small business concessions. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.