Practice Update August 2026 covers the following points:
- Government to permanently extend $20,000 instant asset write-off
- Government to re-introduce loss carry back for companies
- ATO warning on home occupancy expense claims
- New restrictions on LRBAs
- ATO warning on property manager reports
- Division 7A benchmark interest rate
- ATO electoral roll data-matching program
- ATO scam warning
Practice Update August 2026
