News

Businesses struggling with the Omicron wave of the pandemic have been offered new grants and support in NSW, SA and WA. New South Wales The

Small business CGT concessions, and their use by large private and wealthy groups, are under scrutiny.  Letters have been sent to practitioners asking them to

1 December Pay income tax for taxable large/medium taxpayers, companies and super funds. Lodgment of return is due 15 January 2022. Pay income tax for the

Every year, we are asked about the tax impact of various Christmas or holiday related gestures. Here are our top issues: Staff gifts The key

A lighter look at the complexity of Australian taxation laws and the year that has been. Dear Mr Claus, Thank you for the opportunity to

The Director ID regime starts on 1 November. While existing Directors have a year to register, newly appointed Directors have 28 days. Also, of interest

21 November Lodge and pay October 2021 monthly business activity statement. 25 November Lodge and pay quarter 1, 2021–22 activity statement if you lodge electronically. 28

The Australian Taxation Office recently updated its guidance on tax and cryptocurrency. In early November, the Commonwealth Bank announced that it is now Australia’s first

All Company Directors Now Need to have a Director ID. https://www.abrs.gov.au/director-identification-number The Australian Business Registry Services (ABRS) has now been set up and all directors

21 October Pay annual PAYG instalment notice (Form N). Lodge only if you vary the instalment amount or use the rate method to calculate the instalment. Lodge

COVID-19 support will roll back as states and territories reach vaccination targets. COVID-19 Disaster payments to individuals will start phasing out from 70% full vaccination.

Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund.  When you die, it does not