News
July 2021 – Due Dates
21 July Lodge and pay June 2021 monthly business activity statement. Lodge and pay quarter 4, 2020–21 PAYG instalment activity statement for head companies of consolidated groups. 28
Browsing Facebook Allows ATO To Deny Tax Deduction
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able
July 2021 – Essential Tax Summary
Happy end of financial year! And what a weird year it’s been – locked down but busier than ever. The ATO has also been busy
Lockdown Support
If you can’t work because you or someone in your household is impacted by COVID-19, there is support available, but it comes with fairly strict
We’ll fight for you!
The last 18 months have been a turbulent one for both us and our clients as we have navigated the complexities for the Cash Flow
What changes on 1 July 2021
Super guarantee rate increase to 10% On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% – the first rise
June 2021 – Essential Tax Summary
From Government Minimum superannuation drawdown rates The Government has announced an extension of the temporary reduction in superannuation minimum drawdown rates for a further year
June ATO Due Dates
5 June Lodge tax return for all entities with a lodgment due date of 15 May 2021 if the tax return is not required earlier and both
Education, skills & training and Government & Regulators
Apprenticeship scheme uncapped Boosting Apprenticeship Commencements provides a 50% wage subsidy to employers and Group Training Organisations to take on new apprentices and trainees. The
Business & employers
Temporary full expensing extension Date of effect: Assets acquired from 7:30pm AEDT on 6 October 2020 and first used or installed ready for use by
For You, your Family and your Super
Low and middle income tax offset extended Date of effect: From 1 July 2021 to 30 June 2022 As widely predicted, the Low and Middle
The Budget and our Economy
In Summary This budget can be described as a human budget, dedicating more money to aged care, the Covid-19 vaccine roll-out, mental health, women, childcare
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