Death And Taxes: ATO Improvements Coming Soon?
In a bid to improve the experience of taxpayers when dealing with the ATO in relation to deceased estates, the Inspector General of Taxation and Taxation Ombudsman (IGTO) has recently completed a report which identified opportunities to improve…
Client Alert - September 2020
JobKeeper changes: turnover test and employment start date
Prime Minister Scott Morrison announced further changes to JobKeeper on 7 August 2020. The changes are intended to ensure that eligibility for the revised JobKeeper scheme – to commence…
Explanatory Memorandum - September 2020
JobKeeper changes: turnover test and employment start date
Prime Minister Scott Morrison announced further changes to JobKeeper on 7 August 2020. The changes are intended to ensure that eligibility for the revised JobKeeper scheme – to commence…
Super guarantee amnesty ends 7 September 2020
This is your last chance to apply for the super guarantee amnesty to catch up on past unpaid super, without incurring a penalty or paying administration fees.
To be eligible for the amnesty:
the unpaid super must be for a quarter between…
Explanatory Memorandum - August 2020
Federal Government releases economic update
On 23 July 2020, Federal Treasurer Josh Frydenberg released the Economic and Fiscal Update July 2020 to reconcile the Federal Budget position for the Government’s $289 billion in COVID-19 measures.
The…
Client Alert - August 2020
Federal Government releases economic update
On 23 July 2020, Federal Treasurer Josh Frydenberg released the Economic and Fiscal Update July 2020, outlining the key COVID-19 policy response measures announced by the Government since March 2020.…
Director Identification Number - A permanent identifier under new laws
The Australian Federal Government has implemented legislation to combat illegal phoenix activities by company controllers which includes the requirement for company directors to obtain a Director Identification Number (DIN).
Applying for…
Explanatory Memorandum - July 2020
Tax time 2020 is here
Don’t jump the gun and lodge too early
Tax time 2020 is here, but it’s likely to be anything but routine. Many individuals on reduced income or have increased deductions may be eager to lodge their income tax returns…
Client Alert - July 2020
Tax time 2020 is here
Don’t jump the gun and lodge too early
Tax time 2020 is here, but it’s likely to be anything but routine. Many individuals on reduced income or have increased deductions may be eager to lodge their income tax returns…
New $ 3k grants for small businesses and change to payroll tax threshhold
From 1 July, NSW small businesses will be able to apply for a small business recovery grant of between $500 and $3,000.
The new grant comes as the state government’s previous $10,000 grants from a $750 million funding pool comes to a…