News

Practice Update April 2021 covers following points:JobKeeper comes to an end ATO loses case on JobKeeper and backdated ABNs ATO's taxable payments reporting system update FBT rates...

Practice Update March 2021 covers following points:Changes to STP reporting concessions from 1 July 2021 Paper PAYG and GST quarterly instalment notices Avoiding disqualiication from SG...

Practice Update January/February 2021 covers following points:New measures applying from 1 January 2021 SMSF related party rental income deferrals due to COVID-19 ATO data-matching...

Practice Update December 2020 covers following points:Improvements to be made to full expensing measure JobMaker Hiring Credit Passed How to avoid getting dodgy Advice STP...

Practice Update November 2020 covers following points:Tax cuts pass parliament Simplified home office expense deduction claims due to COVID-19 Companies holding meetings and signing...

Practice Update October 2020 covers following points:Special COVID-19 Superannuation Condition of Release Extended Deduction for work-related vehicle expenses disallowed Tax treatment...

Practice Update September 2020 covers following points:Superannuation guarantee rate increase update Superannuation guarantee amnesty ends 7 September 2020 JobKeeper 2.0 - tweaks to the...

Practice Update August 2020 covers following points:Extension of the JobKeeper Payment Additional new turnover tests The extended JobKeeper Payment Rates 80 cents per hour 'shortcut'...

Practice Update July 2020 covers following points:Treasury Laws Amendment (2020 Measures No 3) Bill 2020 Regulations confirm no SG obligation on JobKeeper payments where work is not...

Tax saving strategies prior to 1 July 2020. A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income year, which will reduce overall taxable...