March 2025 AWST – Page 2 – Taxacct.com.au

Tax Office

Short 2025 Budget Update – Julia’s Blog

Apr 1, 2025 at 6:46 amMar 31, 2025 at 6:12 pm AWST by Ed.

From www.bantacs.com.au: The 2025 budget includes a gradual reduction of the lowest income tax rate from 16% to 14% by July 2027, providing taxpayers with increased weekly benefits.… read more

green light for commutation of asset test exempt legacy pensions

Apr 8, 2025 at 6:57 amMar 31, 2025 at 12:02 pm AWST by Ed.

From smartersmsf.com: The Government has introduced the Social Security (Waiver of Debts – Legacy Product Conversions) Specification 2025, allowing the waiver of debts incurred by retirees who commute asset-test exempt legacy income streams due to a change in their commutability status.… read more

What happens if you lodge the NFP self-review return late

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

Lodge as soon as possible if you missed the NFP self-review return deadline.
See link Date published: Mar 31, 2025… read more

Advice under development – superannuation issues

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

We are developing advice and guidance on the following superannuation issues.
See link Date published: Mar 31, 2025… read more

2025 completed issues

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

This page will display a list of completed public advice and guidance issues for the 2025 year.
See link Date published: Mar 31, 2025… read more

Advice under development – FBT issues

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

We are developing advice and guidance on the following FBT issue.
See link Date published: Mar 31, 2025… read more

Advice under development – income tax issues

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

We are developing advice and guidance on the following income tax issues.
See link Date published: Mar 31, 2025… read more

Advice under development – international issues

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

We are developing advice and guidance on the following international issues.
See link Date published: Mar 31, 2025… read more

Planned consultation

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

See details of planned consultation and consultation we’re considering.
See link Date published: Mar 31, 2025… read more

Advice under development – excise issues

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

We are developing advice and guidance on the following excise issue.
See link Date published: Mar 31, 2025… read more

Advice under development – GST issues

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

We are developing advice and guidance on the following GST issues.
See link Date published: Mar 31, 2025… read more

Are you a foreign person buying property in Australia?

Apr 1, 2025 at 6:10 amMar 31, 2025 at 12:00 pm AWST by Ed.

How to determine if you are a ‘foreign person’ when buying property in Australia.
See link Date published: Mar 31, 2025… read more

Report a breach of Australian foreign investment rules

Apr 1, 2025 at 6:09 amMar 31, 2025 at 12:00 pm AWST by Ed.

How to tell us confidentially if you suspect, know, or have breached Australia’s foreign investment rules.
See link Date published: Mar 31, 2025… read more

What happens if you lodge the NFP self-review return late

Apr 1, 2025 at 8:33 amMar 31, 2025 at 12:00 pm AWST by Ed.

Lodge as soon as possible if you missed the NFP self-review return deadline. You do not need to request an extension of time.
See link Date published: Mar 31, 2025

How to apply or vary an approval to buy residential property

Apr 1, 2025 at 6:09 amMar 31, 2025 at 12:00 pm AWST by Ed.

How a foreign person can apply for approval to buy residential property in Australia or vary an existing approval.
See link Date published: Mar 31, 2025… read more