What’s new?

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Before you complete your tax return there are some changes you should be aware of in case they affect you.

Temporary full expensing extended to 30 June 2023

In 2020, the government introduced temporary tax incentives to help Australian businesses withstand the impacts of COVID-19. One of these temporary tax incentives was temporary full expensing. This incentive has now been extended for eligible businesses until 30 June 2023. Other than the extension, the operation of the regime remains the same.

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• Instructions to complete the return