News in brief…16 August 2022

Tasmania takes improved budget position in Preliminary Outcomes Report; ATO update: Tax outcomes for 408 Pandemic event visa holders explained; ATO hosts eInvoicing Week to help eInvoicing adoption among businesses

Tasmania takes improved budget position in Preliminary Outcomes Report The Tasmanian Government has released its Preliminary Outcomes Report for 2021-22, which shows improvements in the state’s net operating balance and net debt as compared to expectations in the 2021-22 State Budget. According to the Report, the state’s net operating balance of a $259.6 million deficit comes in at $430.2 million less than the expected $689.8 million deficit in the original budget. This puts the fiscal bal...

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Published Date: 16 August 2022