Articles

If the current prolonged lockdowns and economic conditions have prompted you to sell or close your business, it’s important to be aware of the need to …

Australian Capital Territory Expanded and additional support will be available for businesses affected by COVID-19 lockdowns, in the form of two grant …

Additional financial support for child care providers The Prime Minister and the Minister for Education and Youth recently announced new support …

The government’s long-slated “flexibility in superannuation” legislation is finally law. This means from 1 July 2021, individuals aged 65 and 66 can …

The government is seeking to legislate compulsory reporting of information for sharing economy platforms in order to more easily monitor the …

Under the COVID-19 early release measures nearly 4.8 million requests were made – resulting in $39.2 billion being released from Australian’s …

This tax time, the ATO is again closely monitoring claims in relation to rental properties. The ATO has data-matching programs in place that collect …

Allowing small businesses to pause disputed ATO debt recovery The Government will introduce legislation to allow small businesses to pause or modify …

Temporary full expensing: extended to 30 June 2023 The Government will extend the temporary full expensing measure until 30 June 2023. It was …

Superannuation contributions work test to be repealed from 1 July 2022 The superannuation contributions work test exemption will be repealed for …

Personal tax rates unchanged for 2021–2022 In the Budget, the Government did not announce any personal tax rates changes, having already brought …

Having insurance through superannuation can be a tax-effective and cost-effective way of protecting yourself and your loved ones. Most funds offer …

The ATO is reminding owners of businesses that provide various services to lodge their taxable payments annual report (TPAR) for the 2019–2020 income …

If your business has provided any benefits to your employees, you may be liable for fringe benefits tax (FBT). This includes benefits to current, …

Small employers with closely held payees have been exempt from reporting these payees through single touch payroll (STP) for the 2019–2020 and …

The Treasury Laws Amendment (Your Future, Your Super) Bill 2021 has been introduced to Parliament to implement some of the “Your Future, Your Super” …

With insecure, contract and casual work becoming increasingly common, particularly in the current COVID-19 affected economy, it’s no surprise that …