Tax focus areas revealed
Greater ATO audit activity will keep accountants busy. Clarification of some announced but unenacted measures is welcomed but more is needed
Australian Federal Budget 2022-2023
Responsible, reasonable and targeted is the tune for this October Budget as the Labor Government looks to navigate the current economic climate.
Federal Budget 2022–2023 I Tuesday 25 October
Treasurer Jim Chalmers has handed down the Labor Government’s first Budget on 25 October, outlining a range of key measures that members need to know.
Against a backdrop of a $36.9 billion deficit, multinationals are at the front line when it comes to increasing tax revenue as well as an extra funding boost to the ATO Tax Avoidance Taskforce.
As a continuation of our presence at the Jobs and Skills Summit, CA ANZ was invited to the Budget lock-up in Canberra and has analysed the major tax and superannuation announcements for businesses and clients.
Watch our Sharing Knowledge session replay to hear from our Tax and Super Leaders, and read their analysis articles below.
Thomson Reuters Federal Budget Report 2022-23
Access the special Federal Budget Report produced for our members in the Australian Tax Community in My CA.
October Budget signals climate-related disclosures as priority
Labor Government’s Budget brings mandatory climate reporting a step closer for Australian companies.
Federal Budget 2022-23 takes a cautious approach to taxation of individuals
Given the uncertain economic climate, the Labor Government is taking it steady as she goes.
Federal Budget 2022-23: Stable tax settings for small business but greater audit activity
Small business tax settings are stable following the October Budget, but extra ATO funding means an extra check is needed on tax compliance.
Federal Budget 2022-23: Australia’s economic outlook
COVID, inflation and international instability are impacting Australia’s finances and the October budget. What are the key economic indicators showing?
Federal Budget 2022-23: Tax crackdown on multinationals to help fund deficit
Treasurer looks to multinationals to help pay increasing interest payments on Australia’s trillion-dollar debt, reveals October Budget.
Federal Budget 2022-23: Measuring what matters
October Budget papers include a teaser on future wellbeing measures.
My CA
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Join our Australian Tax CommunityFederal Budget 2022-2023 I Tuesday 29 March
Treasurer Josh Frydenberg handed down the Federal Budget 2022-2023 on Tuesday 29 March, delivering a cost of living package for Australians, digital support for small businesses and detailing steps to an enduring economic recovery.
Other overviews and commentary
- Federal Budget 2022-23: Minimum super pension drawdowns halved for another year
- Thomson Reuters Federal Budget Tax Bulletin 2022-23
- 'Steady as you go’ for business in the 2022 budget
- Minimum super pension drawdowns halved for another year
- Federal Budget 2022-23 delivers temporary relief to households as cost-of-living rises
- Digitalisation leading recovery
- When will the future fund be raided
