Deloitte Tax has collaborated with Thomson Reuters to publish a 2021-22 Corporate Tax Playbook, which outlines the top eight corporate tax matters taxpayers should keep in mind as they prepare for the income tax year. You'll read about:
The potential tax implications of COVID related grants, support payments and expenditure
The key considerations when choosing to carry-back losses in the 2021-22 income year
Eligibility considerations and guidance on the Temporary Full Expensing measure
Changes to the research and development tax incentive
The proposed 120% deduction for relevant training and technology expenditure
The ATO’s expectations around tax governance
What’s on the ATO’s radar in terms of tax administration matters; and
The ATO’s digitisation strategy and a data driven approach to tax.