Accounting
18 Jun 1 July Company Tax Rate Reduction
Despite the current economic environment, the company tax rate will reduce to 26% for small and medium businesses from 1 July 2020.
12 Jun Working From Home: COVID19 Tax Deductions 2020
COVID19 has disrupted the workplace. Employees’ health and safety have pushed businesses to work from home.
05 Jun HomeBuilder: What is it and how do you access it?
The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home.
05 Jun The ATO’s JobKeeper audit targets
The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance.
01 May COVID 19: Early release of superannuation
People in financial distress as a result of the coronavirus pandemic can apply to access up to $10,000 of their superannuation in 2019-20 and again in 2020-21.
23 Mar The Second $66.1 bn Stimulus Package: What You Need To Know
The Government yesterday released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business employers, and relaxes corporate insolvency laws....
13 Mar The Stimulus Package: What You Need To Know
The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus....
01 Mar How to get your payroll right
A series of high-profile examples of businesses underpaying their employees has brought the need to get payroll right into sharp focus....
20 Feb Fringe Benefits Tax Hot Spots
With the start of the Fringe Benefits Tax year looming on 1 April, businesses are being urged to review their Fringe Benefits Tax (FBT) position. FBT liabilities can trap unwary businesses, some of whom don’t recognise that there can be a tax consequence from providing...