Tax Alert – May 2018

All of the latest tax news, views and clues for May 2018. This Alert addresses:

  • ATO closely examines work-related car expenses
  • Data matching finds taxpayers with unnamed Swiss bank accounts
  • CGT main residence exemption to disappear for non-residents
  • Residential rental property travel expense deduction changes
  • Government to increase civil penalties for white-collar crime
  • Businesses, get ready: GST on low value goods
  • Financial Complaints Authority takes shape, and;
  • ATO assessments issued for excess super pension balances.