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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

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

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

Australia is facing a shortage of skilled labour. When the supply of staff dry up the focus often turns to retention. But the first step

To protect older Australians, the Government has moved to formalise ‘granny flat arrangements’ by providing an incentive to protect all parties in the arrangement. Typically,

From Government Targeted CGT exemption for granny flat arrangements Treasury has released exposure draft legislation to enable the 2020-21 Budget measure to provide targeted CGT

15 May Lodge 2020 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups), and are not eligible for

21 April Lodge and pay quarter 3, 2020–21 PAYG instalment activity statement for head companies of consolidated groups. Lodge and pay March 2021 monthly business activity statement. 28

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

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

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

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