From www.lowelippmann.com.au: The ATO is focusing on specific risk areas for small businesses, including contractor income reporting, monthly BAS reporting for GST, and small business boost claims.

Employers must ensure that superannuation contributions for the March 2025 quarter are submitted by April 28, 2025, and recent changes to FBT record keeping and plug-in hybrid vehicle exemptions may affect their obligations.

A Tribunal recently ruled against a taxpayer’s claim for CGT small business concessions, and a new denies deductions for ATO interest charges incurred after July 1, 2025.