Starting on July 1st, 2023, there will be a new reporting requirement for platforms that provide taxi services, such as ridesharing, as well as short-term accommodation. These platforms will need to report their transactions to the ATO annually. Beginning on July 1st, 2024, this reporting requirement will be expanded to include all other platforms. We...Read More

Just in time for the Fringe Benefits Tax (FBT) year that started on 1st April, the Australian Taxation Office (ATO) has released new details on electric vehicles. The FTB exemption for electric cars Starting from 1 July 2022, employers may be eligible for an FBT exemption if they provide their employees with the use of...Read More