Tax and Accounting v2

Practice Update

Company tax cuts pass the Senate with amendments Editor: After a marathon few days of extended sittings (the last before the Federal Budget in May), the Government finally managed to get its company tax cuts through the Senate, but it was not without compromise. The following outlines the final changes to the law, as passed…
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Practice Update Feb 2017

Changes to the ‘backpacker tax’ From 1 January 2017, tax rates changed for working holiday makers who are in Australia on a 417 or 462 visa (these rates are known as ‘working holiday maker tax rates’). If a business employs a working holiday maker in Australia on a 417 or 462 visa, from 1 January…
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Changes to the ‘backpacker tax’ From 1 January 2017, tax rates changed for working holiday makers who are in Australia on a 417 or 462 visa (these rates are known as ‘working holiday maker tax rates’). If a business employs a working holiday maker in Australia on a 417 or 462 visa, from 1 January…
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ALP key tax properties January/February 2019

Snapshot of the ALP key tax policies Editor: The Federal Election will be the primary focus over the next few months, with many commentators predicting a possible change in Government.  As usual, tax policy is a focal point of the political debate. The table below outlines some of the key ALP tax policies of interest.…
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Snapshot of NSW COVID-19 assistance

On 13 July 2021, the NSW and Federal Governments announced their economic support package aimed at supporting businesses and residents to deal with the recent COVID-19 lockdown.
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Australia’s 2024-2025 Budget: The Renewables Industry Wins

The Australian Government has announced its Future Made in Australia agenda which supports the development of Australia’s renewable energy sector. Based on the 2024-2025 Australian Federal Budget, the Australian Government will provide an estimated $19.7 billion worth of funding over a 10 year period to accelerate the Government’s Future Made in Australia priority industries through the…
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Visa News May 2024

Core Skills Occupation List – JSA draft and consultation Jobs and Skills Australia (JSA) has opened consultation on the new Core Skills Occupation List (CSOL).
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May 2024 Practice Update

Government warns of ‘malicious’ myGov scammers   The Government has urged Australians to be vigilant regarding scammers who target ATO log-in details to commit tax fraud.
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