Blog
NSW Covid-19 Support Package July 2021
Covid-19 disaster payment In a combined NSW and Federal Governments statement, Covid-19 support packages have been announced, which include: COVID-19 disaster payment From week four ...
Tax Obligations For Landlords | Changes Due to Covid-19
Tax implications of rent concessions There may be tax implications when you give or receive rent concessions as a result of COVID-19. It's important to ...
Tax Implications Of COVID-19 Rent Concessions
Understanding your obligations as a landlord or tenant There may be tax implications when you give or receive rent concessions as a result of COVID-19. ...
ATO’s New Guidelines On The PSI Rules
ATO releases new guidance on the PSI rules The ATO has recently updated its guidelines on the operation of the personal services income (PSI) and ...
Cryptocurrency And Taxes | What You Need To Know
Crytocurrency tax treatment and compliance Cryptocurrencies, once again surging in popularity, have a unique tax treatment that every taxpayer dealing with cryptocurrency should be aware ...
SMSF Property Valuations – ATO Wants More Evidence
Audit evidence to support SMSF property valuations The ATO recently clarified the evidence that is required to support real property valuations within SMSFs, particularly in ...
Top EOFY Tips For Your Tax Plan
Financial year 2020-2021 The financial year is almost over, but there are still effective strategies you may be able to put in place. The aim ...
Federal Budget 2021 (What You Need To Know)
Federal Budget for the 2021-2022 income year On 11 May 2021, Treasurer Josh Frydenberg delivered the Federal Budget for the 2021-2022 income year. The 2021-22 ...
Allocation Of Professional Firm Profits | New Guidelines
New guidelines for allocation of profits within professional firms The ATO recently published revised guidance for professionals when considering the allocation of profits by professional ...