Client Alert - December 2020
Coronavirus Supplement extended (but reduced)
The Federal Government’s Coronavirus Supplement has been extended for a further three months. The Supplement payments were due to end on 31 December 2020, but the latest extension will allow…
Explanatory Memorandum - December 2020
Coronavirus Supplement extended (but reduced)
The Federal Government’s Coronavirus Supplement has once again been extended for a further three months, accompanied by an associated cut-in rate. The first extension was due to end on 31 December…
Explanatory Memorandum - November 2020
Budget personal tax cuts and business concessions now law
The Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Bill 2020 received Royal Assent on 14 October 2020 as Act No 92 of 2020. It implements several tax announcements…
Client Alert - November 2020
Budget personal tax cuts and business concessions now law
Several tax announcements from the 2020 Federal Budget have now been passed into law.
These include bringing forward changes to the personal income tax thresholds so that they apply…
Explanatory Memorandum - October 2020
Keeping you informed about the Federal Budget
The Australian Government will hand down its Federal Budget for 2020–2021 on the evening of Tuesday 6 October 2020.
The Client Alert team will, as usual, work to bring you a special Budget…
Client Alert - October 2020
COVID-19 and FBT: updated ATO advice
The ATO has updated its COVID-19 and fringe benefits tax (FBT) advice, providing a useful outline of some issues that may arise due to an employer’s response to COVID-19.
Working from home devices
Items…
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…
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…