From hlb.com.au: HLB Mann Judd’s February 2025 Tax Alert highlights several key updates, including tax recovery guidance after natural disasters and upcoming changes to buy now pay later (BNPL) services set to enhance consumer protections by June 2025.

The ATO identifies focus areas for small businesses to help manage tax obligations and warns against GST refund fraud.

The alert also explains new regulations allowing SMSF members to exit legacy income streams until December 2029.