This month, we explore key tax and superannuation changes affecting individuals and businesses. The ATO has extended credit card payments until 30 June 2027, while proposed PAYG instalment reforms could change payment frequency depending on business compliance.
We also examine proposed changes to electric vehicle FBT exemptions, including how vehicle value and timing may affect tax benefits. Finally, we cover potential superannuation and SMSF reforms, including stronger trustee safeguards, education requirements and changes to supervisory levies and compensation arrangements.