Budget 2025-2026: Government and regulators
March 26, 2025
Almost $1bn to the ATO for tax compliance
From 1 July 2025
The Government has set aside $999m over 4 years for the ATO to expand its compliance programs:
• Tax Avoidance Taskforce
• Shadow Economy Compliance Program
• Personal Income Tax Compliance Program
• Tax Integrity Program (medium and large businesses and wealthy groups)
The compliance programs are expected to deliver a threefold return of $3.2bn.
$700m external contractor cost cutting
The Government intends to further pair back its use of consultants, contractors and labour hire. The budget estimates that the Government will save $718m in 2028-29 by continuing cuts to external labour.
Please contact us if you have any questions - email us or phone our team on 02 9899 3044.
Superannuation is tax-effective but tightly restricted. Early access is only allowed in limited cases such as financial hardship or approved compassionate grounds.
Tighter supermarket unit pricing rules may be coming, and suppliers could face compliance pressures as the Government targets shrinkflation and clearer pricing.
ATO interest on overdue tax debts is no longer tax-deductible, making ATO payment plans far more expensive for taxpayers. We explore the alternatives.
