Providing certainty for unlegislated taxation and superannuation measures
Digital Currency – Clarifying that digital currencies are not taxed as foreign currency
Depreciation – Reverse the self-assessment of the effective life of intangible assets
Increase in Commonwealth penalty unit
Superannuation – Expanding the eligibility for downsizer contributions
FBT – Electric cars
COVID-19 business grants – Making COVID-19 business grants non-assessable non-exempt
Energy Efficiency Grants for small and medium sized enterprises
Boosting Paid Parental Leave
Extending ATO Compliance Programs
Tax Practitioners Board – Compliance program to enhance tax system integrity
Supporting Small Business Owners
Off-market share buy-backs
Australia’s Foreign Investment Framework – Increase to fees and penalties
Multinational Tax Integrity Package
Click here for document: NTAA - 2022/23 October Federal Budget