News

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...

Practice Update June 2020

Practice Update June 2020 covers following points:JobKeeper Declaration Due 14 June ATO Reminder for Employers - Finalise STP Data for 2020 Guidance on JobKeeper Reporting via STP ...

Practice Update May 2020

Practice Update May 2020 covers following points:Coronavirus: Government's JobKeeper Payment Shortcut method to claim deductions if working from home SMSFs may be able to offer rental...

Practice Update April 2020

Practice Update April 2020 covers following points:Coronavirus: Government announces new tax measures ATO's support measures to assist those affected by COVID-19 New Laws can make...

Practice Update March 2020

Practice Update March 2020 covers following points:Court confirms ATO's position on foreign income tax offsets Employer's requirements and the deductibility of WREs SMS scam targeting...
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