Confused again at tax time? Our August update covers what the changes mean to you. Who is eligible for the new Low & Middle Income Tax Offset and how much you are entitled to.

Does your business receive $10,000 or more in cash? The government intends to restrict cash payments going forward with severe penalties for those who ignore the limit.

And on a much lighter note read here for some of the weirdest tax deductions on the ATO's list of most unusual claims: