• Bill to increase Medicare levy
• Budget changes to foreign resident CGT draft legislation
• Foreign resident CGT withholding
• Further guidance for tax losses via a new “similar business” test
• ATO increases its scrutiny on work-related expenses
• Lodging nil activity statements in advance
• New downsizing cap available
• GST: simplified accounting for food retailers
• Super system reforms
• Segregated current pension assets
• First Home Super Saver Scheme
• Rise in Super assets

In addition, you’ll find a Due Diligence Checklist to help with various considerations when acquiring a business.

Client Alert – October 2017

Due Dilligence Checklist