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Play by the rules for June returns

The ATO has flagged a long checklist of rule changes for accountants handling this year’s tax returns that takes in everything from the offshore banking regime and film tax offsets to granny flats and COVID tests.

Play by the rules for June returns
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Play by the rules for June returns

Top of the list are items relating to the pandemic and for those who received disaster payments the situation is fairly simple: it is tax-exempt and does not have to be included on a return.

Read more at Accountants Daily

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