All of the latest tax news, views and clues for May 2019. This Alert addresses:
- ATO to ramp up ABN investigations and cancellations
- Fringe benefits tax: rates, thresholds and ATO focus for 2019–2020
- Guidance on when a company carries on a business
- Instant asset write-off with Budget changes now law
- Rental deductions: ATO audits to double
- Shortfall penalties reduced under new ATO initiative, and;
- How the ATO identifies wealthy individuals and their businesses.