Navigating the Latest Tax Updates: Key Considerations for August 2024

As we move through the 2024 tax year, staying informed about the latest tax developments is crucial for both individuals and businesses. Whether you’re managing your own tax return, overseeing company finances, or assisting employees with their tax obligations, understanding recent changes can help you make informed decisions and avoid potential pitfalls.

In this month’s tax update, we cover essential topics including:

  • Working From Home? Here’s What To Know For Your Return
  • Accessing Private Company Money Or Assets
  • Make Sure You’re Aware Of PAYG Changes
  • Do You Need To Lodge A TPAR?
  • Helping Your Employees Manage Their HECS Or HELP Loans
  • The Small Business Incentive – Can You Benefit
  • New Options For FBT Record-Keeping

Dive into these updates to ensure you’re well-prepared for the financial year ahead.

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