Welcome to the latest tax alert from our financial and business advisory partner HLB Mann Judd. All of the latest tax news, views and clues for June 2021.

This Alert addresses:

• Tax Time for 2021 is almost here, but the ATO is warning against lodging too early, before all your income information becomes available;
• The ATO has announced it will run a new data-matching program to collect property management data for the 2018–2019 to 2022–2023 financial years, and will extend the existing rental bond data-matching program through to 30 June 2023;
• ATO offers solution for those with a tax debt that is compounding their financial difficulties;
• ATO’s discretion to retain refunds extends to income tax in an effort to combat phoenixing activities;
• 2021 FBT returns are due for businesses that have provided fringe benefits to their employees, and;
• ATO warns that phishing and investment scams are on the rise.

DOWNLOAD TAX ALERT HERE