Cryptocurrency under the microscope this tax time The ATO is concerned that many taxpayers believe their cryptocurrency gains are tax-free, or only taxable when the holdings are cashed back into
We are happy to announce one of our Accountant’s Emma Todd will be marrying in May this year! Emma’s Wedding was cancelled last year due to Covid restrictions To celebrate
Key Dates to Remember in 2021 As some dates may vary, please ensure you contact the Australian Taxation Office to check any dates in question. When the due date for lodgment
New measures applying from 1 January 2021The Government has provided an update of a number of new measures which came into effect from 1 January 2021, including (among others):
Improvements to be made to full expensing measure The government will expand eligibility for the temporary ‘full expensing measure’, which temporarily allows certain businesses to deduct the full cost of
Tax cuts pass Parliament The Government announced various tax measures in the 2020 Budget on 6 October 2020, and it was able to secure passage of legislation containing some of
Special COVID-19 Superannuation Condition of Release Extended Regulations that extend the time frame of the special condition of release to access $10,000 from superannuation for individuals experiencing financial difficulties due
Key Dates: 28 September 2020: The JobKeeper extension starts and the payment rates change for your eligible employees/business participants. 1st – 14th October 2020: Complete the October JobKeeper monthly business
Treasury Laws Amendment (2020 Measures No 3) Bill 2020 Treasury Laws Amendment (2020 Measures No 3) Bill 2020 has passed both Houses of Parliament and is now law.
2020 INCOME STATEMENTS (previously PAYG payment summaries) To all of our salary and wage clients, we can obtain your 2020 Income statement (previously called a PAYG payment summary or Group
