Growing your business value
Over the next decade, as the baby boomer bubble of small and medium sized business owners roll through the system, Australia will experience one the [...]
2021 Tax Planning
Company Tax Rate Changes In 2021, the company tax rate for base rate entities has been lowered to 26% (reducing to 25% in the 2022 [...]
The SME Recovery Loan Scheme is now open
Loans for small to medium enterprises (SMEs) are available until 31 December 2021 under the Federal Government’s SME Recovery Loan Scheme. The scheme is designed [...]
Your SMSF: When expenses and investments are not at arm’s-length
We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – [...]
The 2021-22 Federal Budget
The Government has decided not to go down the austerity path, which will be a relief for many taxpayers and businesses. The budget included key [...]
ATO temporarily reinstates paper instalment notices
As part of the ATO’s digital improvement program, they recently made the decision to stop issuing paper quarterly PAYG & GST instalment notices from September [...]
ATO signal end of paper correspondence
ATO signals end of paper Activity Statements & Instalment Notices As part of the ATO’s digital improvement program, they have made the decision to stop [...]
JobKeeper extension’s alternative turnover tests
The extension of the JobKeeper scheme is now based on current GST turnover, not projected turnover. The basic test compares year-on-year turnover. If there were [...]
Changes to Casual Overtime
Changes are coming to the way some casuals should be paid overtime. These changes will apply to most Modern Awards. This fact sheet will help [...]
ATO’s cyber safety checklist
Scammers never seem to rest, with even the latest JobKeeper iteration coming in for some scam treatment. In a new update the ATO reports that [...]