News

2020/21 Individual Tax Return Checklist

Tax saving strategies prior to 1 July 2021. 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...

Practice Update June 2021

Practice Update June 2021 covers following points: Cryptocurrency under the microscope this tax time ATO warns on ‘copy/pasting' claims Family assistance payments Temporary...

Practice Update May 2021

Practice Update May 2021 covers following points: Government proposal to modernise business communications Independent review service for small business made permanent ATO asks...

Practice Update April 2021

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

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

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

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

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

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

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...
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