Related insights
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As the end of financial year approaches, business owners should take stock of key developments that may significantly impact their 2025 tax return. This year, the focus shifts from legislative changes to judicial decisions, with several recent court rulings reshaping how the ATO interprets long-standing tax provisions.
Insights
In their 2025 Budget reply speech, opposition leader Peter Dutton outlined several key measures aimed at addressing Australia's economic challenges and setting the Coalition's agenda ahead of the May 3 federal election.
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By carefully managing the timing of a taxable presence, Australian
companies can expand offshore while keeping income tax obligations in
Australia – maximising franking credits and minimising tax complexity.