News

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...

Practice Update Jan-Feb – 2020

Practice Update Jan-Feb 2020 covers following points: Lifestyle assets continue to be an ATO audit target Disclosure of business tax debts – Declaration made MYEFO – 2019/20 The...

Practice Update December – 2019

Practice Update December 2019 covers following points: PAYG and deductions for payments to workers STP and superannuation guarantee No CGT main residence exemption for non-residents ...

Practice Update November – 2019

Practice Update November 2019 covers following points: Super Guarantee Opt-Out for High Income Earners Now Law ATO Recommends Updating ABN Details for Natural Disaster Reasons Reporting...
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