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Income Tax Articles

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New laws target sharing economy platforms

In an attempt to reign in undeclared income, proposed new laws will require platform providers in the sharing economy to report all transactions through their platforms.
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Help available for holiday accommodation providers

In response to the recent COVID-19 lockdown in Victoria, the State government has announced a support program for holiday accommodation providers. 
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COVID-19 PAYG instalment variations

Taxpayers who are concerned about reducing their September 2020 tax instalments can be at ease following the ATO's updates on potential penalties.
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