BDO 2024 Automotive Year-End Tax Bulletin

BDO 2024 Automotive Year-End Tax Bulletin

As the 2023/24 financial year draws to a close, both individuals and organisations should consider the key tax planning and compliance issues they need to attend to by 30 June.

In this automotive-focussed edition of BDO’s Year-End Tax Bulletin, we summarise the key tax measures from the 2024 Federal Budget and important updates from the last financial year.

In addition to our broader tax bulletin, we outline ongoing year-end issues and considerations which impact dealerships and automotive industry taxpayers.

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The BDO 2024 Automotive Year-End Tax Bulletin provides an outline to help manage your compulsory tax compliance and year-end tax liabilities, but please note this is not comprehensive. Before acting on the information provided, you should consider your individual circumstances and contact your local adviser for support.