News
The 1 July 2021 superannuation changes
Changes from 1 July 2021 will impact on how much money you can contribute to superannuation and how much you can have in your retirement
April 2021 – Essential Tax Summary
From Government Compulsory director ID exposure draft rules released Treasury has released the exposure draft to implement director identification numbers as part of the Government
Tax treatment of JobKeeper payments handed back to ATO
The ATO has clarified the tax treatment of JobKeeper payments handed back to the Government. The clarification comes after the Super Retail Group, Dominos Pizza
Income for Retirement
When it is time to take your lump sum of superannuation and retire it is important that your funds are not only invested in the most
JobKeeper Fraud – ATO Convicts
The first criminal conviction has been handed down by the Heidelberg Magistrates Court on three counts of making a false and misleading statement to the
March 2021 – Essential Tax Summary and Tax Due Dates
What’s due for March 21 March – Activity statements – February monthly activity statements – final date for lodgment and payment. From Government CGT rollovers – proposed
FBT 2021: Tax & Employee Benefits
Fringe benefits tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added
February 2021 – Tax Due Dates
21 February Lodge and pay December 2020 monthly business activity statement for business clients with up to $10 million turnover who report GST monthly and lodge
February 2021 – Essential Tax Summary
From Government Tax-free COVID-19 related grants Late last year, legislation passed that provided that certain grant payments in response to COVID-19 would be made non-assessable
How to sell your business
We’re often asked the best way to sell a business. There are two key components at play in the sale of a business; structuring the
Oh no….its a tax audit!
For those clients that have needed to make claims on their Audit Insurance, it has proven to be a good safety net to meet unexpected
NSW State Budget: Changes For Stamp Duty and Payroll Tax
Last month the NSW State Budget was delivered. The NSW Government has announced different measure designed to stimulate the NSW economy with changes being made
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