Spittal & Associates

August 2024

Monthly Tax Update - August 2024

1ST AUG 2024

This month’s edition of the monthly tax update includes information on ATO's tips for correctly claiming deductions for rental properties, Notice of online selling data-matching program, Small business energy incentive available for the 2024 income year, Importance of good record keeping when claiming work-related expenses, SMSFs acquiring assets from related parties and Federal Court overturns AAT's tax resident decision. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.