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Inside this month:
- Year-End Tax Planning Opportunities & Risk: We outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO security
- Instant Asset Write-off Threshold Finally Confirmed: The Government finally passed legislation increasing the instant asset write-off threshold to $20,000
- Property Subdivision Projects: We are often asked to advise on the tax treatment of subdivision projects.
- The ATO’s Updated Small Business Benchmarking Tool: The ATO has updated its small business benchmarks with the latest data taken from the 2022-23 financial year.
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