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These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
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52
Notes Online Home 2018 Tax Hot Spots II What’s new in 2018
In this chapter of the notes we discuss all the new developments for 2018:
- NEW phoenixing reforms ‘turn up the heat’ on company directors
- The company tax rate saga continues – what plan of action is required?
- Professional practice guidelines – what is the current state of play?
- Government ‘clampdown’ on tax benefits available when holding vacant land
- Further delays from the ATO in finalising landmark travel ruling – TR 2017/D6
- NEW ATO guidelines on FBT-exempt ‘work-horse’ vehicles