In forceAmending Act
Treasury Laws Amendment (Tax Incentives and Integrity) Act 2025
Act No. 29 of 2025 · Assented 27 March 2025
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In brief
Amends tax law on luxury car tax thresholds, deductions for tax office interest charges, refund retention notice periods, and the $20,000 small business instant asset write-off.
Who's affected
- Small business entities
- Car buyers, sellers and importers
- Taxpayers with tax debts or shortfalls
- Businesses awaiting tax refunds
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