New measures applying from 1 January 2021 The Government has provided an update of a number of new measures which came into effect from 1...

Improvements to be made to full expensing measure The government will expand eligibility for the temporary 'full expensing measure',...

Tax cuts pass Parliament The Government announced various tax measures in the 2020 Budget on 6 October 2020, and it was able to secure...

Special COVID-19 Superannuation Condition of Release Extended Regulations that extend the time frame of the special condition of release...

Superannuation guarantee rate increase update Recently, arguments both for and against increasing the rate of compulsory superannuation...

JobKeeper 3.0 On 21 July 2020, the Government announced that the JobKeeper Payment (‘JKP’) would be extended until 28 March 2021 (i.e.,...

Extension of the JobKeeper Payment Sadly, many Australian businesses are a long way from trending back to 'normal' as we approach 27...

On 29 June 2020, Treasury reported back to the Federal Government on its three-month review of the JobKeeper Payment (‘JKP’). Based on...

Treasury Laws Amendment (2020 Measures No 3) Bill 2020 Treasury Laws Amendment (2020 Measures No 3) Bill 2020 has passed both Houses of...

JobKeeper Declarations Businesses that have enrolled in the JobKeeper Scheme and identified their eligible employees are reminded that...

On 8 April 2020, the Federal Government passed a package of Bills through both Houses of Parliament (which received Royal Assent on 9...

Coronavirus: Government's JobKeeper Payment A major part of the Government’s response to the Coronavirus (or 'COVID-19') pandemic is the...

In this update, we provide the latest summary straight from the ATO in the form of a Q & A on the most common questions for SMSFs.

Government’s Stimulus Package in response to the Coronavirus Editor: What a changed world we are living in as we all try to navigate the...

Court confirms ATO's position on foreign income tax offsets The ATO has welcomed the decision of the High Court to basically uphold the...

Lifestyle assets continue to be an ATO audit target The ATO has revealed it will request a further five years’ worth of policy...

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