Budget 2021 was released on Tuesday night.  Amongst some of the headline items are: Australia’s “economic engine is roaring back to life”, according to Treasurer Josh Frydenberg; economic growth is forecast to reach 4.2% in 2021-2022; and ...

On 21 January, the ATO reminded us that it receives data about the sale of properties from State and Territory revenue offices and “matches” it to information in statements filed by taxpayers. According to the statement, taxpayers carrying on comme...