From pointonpartners.com.au: The End of March Weekly Tax Update outlines key developments in taxation law, including the revised start date for the foreign resident capital gains tax regime, now set for October 2025, and increased funding of $999 million to the ATO for enhanced compliance activities targeting high-risk practitioners.
It also highlights the ongoing Next 5000 Private Group program, aimed at ensuring that major privately owned groups are meeting their tax obligations. These updates are intended for accountants and professionals within the tax advice industry to remain informed about significant regulatory changes.