News

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...

Practice Update August 2020

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

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...

2019/20 Individual Tax Return Checklist

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...
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