Business Update February 2020

In this Business Update, we’ve selected key issues we think our clients should know about:

  • ATO gathering data about “lifestyle assets”
  • New Reporting Laws for the Disclosure of Business Tax Debts
  • ATO extends tax relief and assistance for people impacted by bushfires
  • Redeeming damaged banknotes from bushfire victims
  • ATO’s Tax Avoidance Taskforce increases focus on High Wealth Private Groups
  • Still using AUSkey to access ATO Business Portal?
  • Twenty Twenty Vision
  • Tax Incentives for early stage investors
  • India’s economy overtakes UK & France
  • News at Hall Chadwick

If you would like to discuss in more detail any items in this Business Update, please contact our team 03 9820 6400.