News

Practice Update May 2022

Practice Update May 2022 covers following points: No reduction in the Private Health Insurance rebate as of 1 April 2022 Disclosure of business tax debts High Court rejects attempt to...

Practice Update April 2022

Practice Update April 2022 covers following points: 2022-2023 Budget Measures that are now law Reminder of March 2022 Quarter Superannuation Guarantee ("SG") Cents per kilometre deduction...

Practice Update March 2022

Practice Update March 2022 covers following points: Tax deductibility of COVID-19 test expenses Super changes and full expensing 12-month extension now law 12-month extension of the...

Practice Update Jan-Feb 2022

Practice Update January/February 2022 covers following points: ATO support for businesses in dificult times Government extends SME Recovery Loan Scheme to 30 June 2022 COVID-19 vaccination...

Practice Update December 2021

Practice Update December 2021 covers following points: Super is now following new employees Beware of scams ABN 'intent to cancel' program 'Backpacker tax' may not apply to some...

Practice Update November 2021

Practice Update November 2021 covers following points: Preparing for the new Director ID regime Varying PAYG instalments due to COVID-19 AUSTRAC transaction report information...

Practice Update October 2021

Practice Update October 2021 covers following points: Extra super step when hiring new employees ATO support for employers with expansion of STP Reminder for first-time share investors to...

Practice Update September 2021

Practice Update September 2021 covers following points: Extending administrative relief for companies to use technology Expansion of support for SMEs to access funding ATO warns property...

Practice Update August 2021

Practice Update August 2021 covers following points: Reminder of superannuation caps indexation for 2022 Division 7A benchmark interest rate for 2022 remains unchanged Changes to STP...

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...
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