News in brief…9 July 2026

ATO advice and guidance; Consultation opens on implementation of minimum tax on discretionary trusts; ATO update: How to correctly claim expenses, GST credits

ATO advice and guidance The Australian Taxation Office (ATO) has released updated excise guidelines for the alcohol industry, an addendum related to income tax relief from the effects of failing to substantiate, and a class ruling and product ruling. Excise guidelines - update Excise guidelines for the alcohol industry This Guide is intended to be a reference tool for the alcohol industry to assist its members to meet their excise obligations. It contains information about the excise sy...

Sign in below or register now to read the full article

Authors:

Published Date: 09 July 2026