Category

Practice Update
Extra super step when hiring new employees   Employers may soon need to do something extra when a new employee starts to work for them.
Read More
Extending administrative relief for companies to use technology   The Government has passed legislation renewing the temporary relief that allows companies to use technology to meet regulatory requirements under the Corporations Act 2001
Read More
Reminder of superannuation caps indexation for 2022   From 1 July 2021, the superannuation contributions caps have been indexed for the 2022 income year.
Read More
Super guarantee contribution due date for June 2021 quarter   The due date for employers to make super guarantee contributions for their employees for the June 2021 quarter is 28 July 2021.
Read More
Many of our business clients like to review their tax position before the end of the income year and evaluate any strategies that may be available to legitimately reduce their tax.  Traditionally, year-end tax planning for small businesses is based around accelerating deductions and deferring income.  However, this year, consideration will also need to be…
Read More
Tax saving strategies prior to 1 July 2021   A strategy often used to reduce taxable income (and, in turn, tax payable) in an income year is to bring forward any expected or planned deductible expenditure from a later income year.  However, in light of the continued impact of the COVID-19 pandemic, any tax planning…
Read More
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 Australian dollars.
Read More
Government proposal to modernise business communications   The Government has committed to modernising certain laws so that they are ‘technology neutral’, to enable easier communication between businesses, individuals and regulators.
Read More
JobKeeper comes to an end   The ATO has advised that the final JobKeeper payment will be processed in April 2021.
Read More
Changes to STP reporting concessions from 1 July 2021   Small employers (19 or fewer employees) are  currently exempt from reporting ‘closely held’ payees through Single Touch Payroll (‘STP’).  Also, a quarterly STP reporting option applies to micro employers (four or fewer employees).  These concessions will end on 30 June 2021.
Read More
1 2 3 12