Client Alert - March 2022
Work-related COVID-19 tests may be deductible
After the recent furore over the non-existent supply of rapid antigen tests (RATs) and the reduced availability of polymerase chain reaction (PCR) tests at many COVID-19 testing sites, the Federal…
Superannuation and Financial Planning
Need More Money In Retirement?
Retirees that own their own home and need more money in retirement are now able to access the Home Equity Access Scheme run through Services Australia. The scheme was previously known as the Pensions Loans Scheme…
Business Tax
ATO Concerns On Luxury Car Tax
The ATO has issued an alert warning taxpayers that it is investigating certain arrangements where entities on-sell luxury cars without remitting the requisite luxury car tax amount. This applies to those selling…
Timely Opportunities
COVID-19 Vaccination Rewards: Tax Implications
Amidst the current Omicron wave, and the government shortening booster dose intervals, many businesses are encouraging their employees to get either vaccinated or the booster dose by offering…
Explanatory Memorandum – February 2022
COVID-19 vaccination rewards: tax implications
Amidst the Omicron COVID-19 wave and with our governments shortening booster dose intervals, many businesses are encouraging their employees and customers to get either vaccinated or get their…
Client Alert - February 2022
COVID-19 vaccination rewards: tax implications
While offering rewards or incentives for being vaccinated can be an effective way to help employees and customers to stay safe and businesses to stay open, it’s important to consider that there…
Explanatory Memorandum – November 2021
ATO scrutinising gifts or loans from overseas
The ATO has recently issued an alert warning taxpayers against disguising undeclared foreign income as gifts or loans from related overseas entities, including family and friends. It says it has…
Client Alert - November 2021
ATO scrutinising gifts or loans from overseas
The ATO has recently issued an alert warning taxpayers against disguising undeclared foreign income as gifts or loans from related overseas entities, including family and friends. It says it has…
Explanatory Memorandum – October 2021
Federal COVID-19 support developments
Additional financial support for child care providers
On 23 August the Prime Minister and the Minister for Education and Youth issued a joint media release announcing new support measures for child care…
Client Alert - October 2021
Federal COVID-19 support developments
Additional financial support for child care providers
The Prime Minister and the Minister for Education and Youth recently announced new support measures for child care providers that are impacted by extended…