Tax Brief May 2025: Policy Relief and Heightened Oversight
Relief measures may be taking effect, but the ATO’s regulatory lens is sharper than ever.
The latest wave of tax announcements, budget measures and ATO enforcement signals a familiar theme: policy relief on one hand, heightened oversight on the other. For individuals and business owners, this evolving environment brings both planning opportunities and compliance obligations.
At MGD Wealth, we continually monitor legislative changes and ATO priorities so our clients can stay informed and well-positioned. Our latest tax brief outlines the key developments to be aware of as we approach 30 June, and where professional advice can make all the difference.
Download the Briefing
You can access our full May 2025 tax briefings below, which cover both individual and business considerations in greater detail.
Staying Ahead of Change
This quarter’s announcements reinforce the importance of treating tax as a year-round discipline, not just a once-a-year event.
While new measures may present avenues for relief or simplification, the ATO has also made clear that enforcement activity is ramping up. From work-related deductions to capital transactions, many areas are under close review—and for some, what was once a grey area is now being brought into sharper focus.
If you'd like to discuss the implications for your financial position or year-end strategy, please reach out to your MGD team or start the conversation.
Any advice included in this article is general and has been prepared without taking into account your objectives, financial situation or needs. As such, you should consider its appropriateness having regard to these factors before acting on it. Any tax information refers to current laws, is not based on your unique circumstances and should not be relied on as tax advice.
