News
ATO Refocus On Debt Collection
The ATO has not pursued many business tax debts during the pandemic and allowed tax refunds to flow through even if the business had a
What are the Director ID Offences and Penalties?
You’ve probably heard and read a lot lately about the new Director ID Number that all Australian Directors must have. It’s important as the deadline
What’s changing on 1 July 2022?
A series of reforms and changes will commence on 1 July 2022. Here’s what is coming up: For business Superannuation guarantee increase to 10.5% The
2022 May Tax Due Dates
15 May Lodge 2021 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups), and are not eligible
2022 May Essential Tax Summary
The Government is in caretaker mode pending the Federal Election…but that doesn’t mean nothing is happening. The High Court decision in Carter & Ors was
The 2022-2023 Budget
Individuals & families type away Temporary reduction in fuel excise As widely predicted, the Government will temporarily reduce the excise and excise-equivalent customs duty rate
2022 March Tax Due Dates
21 March Lodge and pay February 2022 monthly business activity statement. 31 March Lodge tax return for companies and super funds with total income of
2022 March Essential Tax Summary
In this round up, we cover the key issues and announcements for February 2022 and what a month! The ATO has launched an attack on
The ATO’s Attack on Trusts and Trust Distributions
Late last month, the Australian Taxation Office (ATO) released a package of new guidance material that directly targets how trusts distribute income. Many family groups
Are Your Contractors Really Employees?
Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation
2022 February Essential Tax Summary
In this Essential Tax Summary, we cover the key issues and announcements for December 2021 and January 2022. The final guidance on the Profits of Professional
Year of the Tiger: Roaring or Bellowing?
The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out evil and one of momentum
Subscribe to our Newsletter
Stay up to date with our latest news, receive exclusive resources, and more.
Liability limited by a scheme approved under Professional Standards Legislation.