Tax time 2020: ATO homes in on rental deduction claims
Rental deduction hotspots for this tax time have now been identified by the ATO as it anticipates a change in claims because of COVID-19 and recent natural disasters.
ATO announces Div 7A COVID-19 assistance
Taxpayers affected by COVID-19 will now be able to request for an extension of time to meet the minimum yearly repayment on complying Division 7A loans.