Tax Insights | August 2021 edition

Tax Insights
 
August 2021 edition

Tax Insights

The latest tax updates for you and your business
Keep up to date with the latest Australian and International tax news from our market-leading experts.
THE TAX LIBRARY
By Jessica Olivier, Richard Wraith, Steve Elias

The Modern Manufacturing Initiative (MMI) is a $1.3 billion initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience. 
By Tracey Dunn

The ATO have issued draft taxation ruling TR 2021/D5. The draft ruling provides guidance on circumstances where certain taxpayers, including primary producers, may be denied tax deductions for expenses associated with holding vacant land. 

As businesses and individuals start to progress through the recovery stages of the COVID-19 pandemic, we provide information and insights that will help you and your business focus on your next steps forward.
For more information
If you require any further information on any of the above articles or have any questions, please contact your local RSM adviser today.
 

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