Articles
Temporary Full Expensing (What It Means For You And Your Business)
The TFE measures are available to support business As Australia looks to get back to work and continue its recovery, the Temporary Full Expensing (TFE) ...
Federal Government To Make Covid Tests Tax Deductible And FBT Free
Work-related Covid test expenses are tax deductible The Federal Government has announced that COVID‑19 tests (including Polymerase Chain Reaction and Rapid Antigen Tests) are tax ...
Single Touch Payroll 2 (Everything You Need To Know)
Single touch payroll regime In the May 2019 Federal Budget, the Government announced that Single Touch Payroll (STP) would be expanded to include additional information, ...
Where There’s A Will, There’s Often A Dispute!
From wine-fuelled political debates over Christmas lunch to overly competitive games of Monopoly, there are many reasons family members can find themselves at loggerheads with ...
The ATO Continues Clearing Out Inactive Australian Business Numbers
The ATO continues to review inactive ABNs for cancellation You may need to take action to prevent the cancellation of your ABN. The ATO has ...
ATO Extends COVID-19 Relief Measures For SMSFs
COVID-19 relief for SMSF trustees extended to 2021-2022 SMSF trustees that are financially impacted due to COVID-19 because of extended lockdowns in certain States and ...
CGT Retirement Exemption Where Gain Is Made By A Trust (Explained)
Capital Gains Tax retirement exemption rule in small business concessions Applying the “Retirement Exemption” in the CGT Small Business Concessions can be quite difficult – ...
Director ID Applications Now Available
Company Directors Can Now Apply For The New Director ID Australia’s 2.7 million company directors can now apply for their new Director identification numbers (director ...
SuperStream And SMSF Rollovers
SuperStream Standard Self-managed super funds (SMSFs) must be able to receive employer contributions and the associated data electronically using the SuperStream standard. From 1 October ...