2023

In our sights at the start of a new financial year

Published Date: 1 Jul 2023

 

We’ve crossed the finish line for 2022–23 and you can’t ask anyone for more time to get your clients ready for year end. Now is the time to turn your minds to the array of considerations specific to the start of the 2023–24 financial year, as well as some perennial issues that should not be overlooked. It’s also timely to check in on the status of some of the key announced but unenacted measures, including those announced in the Federal Budget 2023–24. Some of these have start dates that are not imminent, but which entail substantial design ahead of their implementation. Amid the regular activity associated with making submissions and providing feedback on proposed measures and administrative approaches, The Tax Institute remains stalwartly committed to our overarching objective of achieving holistic tax reform and a better tax system for all Australians.

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