News in brief… 2 April 2026

ATO advice and guidance; Legislation update: Fuel excise relief Acts pass parliament, receive Royal Assent; Legislation update: Pause on draught beer excise, customs duty rate indexation passes parliament; Legislation update: Digital assets regulatory framework amendments pass parliament; ATO update: Support for businesses struggling with high fuel costs.

ATO advice and guidanceThe Australian Taxation Office (ATO) released its latest advice and guidance on Wednesday 1 April 2026, which includes in draft practical compliance guideline on the application of Part IVA to property development arrangements involving long-term construction contracts.Draft Practical Compliance GuidelinePCG 2026/D2 Application of Part IVA to property development arrangements involving long-term construction contracts – ATO compliance approachThis draft Guideline s...

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Published Date: 02 April 2026