Special reports on measures in new legislation

The Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022 was enacted on 30 March 2022. These special reports provide early technical coverage of two measures in the Act and are now available:

• Interest limitation and additional bright-line changes, and
• A measure providing employers with a new option for calculating fringe benefit tax.

Full coverage of the new legislation will be provided in an upcoming issue of the Tax Information Bulletin.