In the sixth instalment of the Tax Chats series, Belinda Crowley discusses Taxation Ruling 2023/2.

Taxation Ruling 2023/2, was issued by the ATO in early June in relation to the deductibility of salary and wage costs incurred in the creation or construction of capital assets.   

Businesses will need to give additional consideration to the ATO’s position when evaluating the deductibility of salary and wages. 

WATCH PART 6 HERE: 

ABOUT THE HOST:

Based in Brisbane, Belinda Crowley is a Principal of the Corporate Tax Services division, specialising in local and international corporate tax matters.