Monthly Archives: March 2016

Changes from 1 July 2016

Below is a list of changes that are to come into effect from 1 July 2016. These changes were highlighted in the 2015 budget, further changes may come into effect following the upcoming budget on May 10 2016:

 
  • Family Tax Benefit (FTB) Part A large family supplement will be removed...
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ATO data matching extended to Real Estate transactions

The ATO has turned its focus on one of the best performing industries in the last three years, real estate. To ensure the ATO has collected its fair share of tax on increasing property prices in recent years the ATO has requested 32 years’ worth of real estate transaction data be provided to...
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