FBT reform delayed, but digital nomad and FIF changes are coming
Last week the Taxation (Annual Rates for 2025−26, Compliance Simplification, and Remedial Measures)...
Do you own commercial or industrial buildings and report under IFRS or PBE standards? Have you considered how the recent removal of tax depreciation deductions on these buildings will affect you?
Time to read: 1 mins
If not, help is at hand. We have prepared an information sheet outlining the key accounting impacts the recent change is likely to have. The removal of tax depreciation could be significant to the deferred tax calculation of some entities, so it is worth thinking about it now and making sure you account for it appropriately.
Click the button below to view the information sheet...
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