News And Articles





October Newsletter

Special COVID-19 Superannuation Condition of Release Extended
Deduction for work-related vehicle expenses disallowed
Tax treatment of JobKeeper Payments


September 2020 Newsletter

Superannuation guarantee rate increase update
Superannuation guarantee amnesty ends 7 September 2020
Expanded eligible employee definition for JobKeeper
JobKeeper 2.0 - tweaks to the 'Decline in Turnover' Tests


August 2020 Newsletter

Extension of the JobKeeper Payment
     - Extended JobKeeper Payment Rates
     - Additional New Turnover Tests
80 cents per hour 'shortcut' method for home office expenses has been extended



July 2020 Newsletter

Treasury Laws Amendment (2020 Measures No 3) Bill 2020
Treasury Laws Amendment (2019 Measures No 3) Bill 2019
Regulations confirm no SG obligation on JobKeeper payments where work is not performed
COVID-19 and Division 7A relief


May 2020 Newsletter

Coronavirus: Government’s JobKeeper Payment
Shortcut method to claim deductions if working from home
SMSFs may be able to offer rental relief to related party tenants
ATO reminder about salary packaged super



April 2020 Newsletter

Coronavirus: Government announces new tax measures
ATO's support measures to assist those affected by COVID-19
New laws can make directors personally liable for GST
New super guarantee amnesty
New vacant land tax measures
ATO on property investments





March 2020 - Coronavirus Special Update

Government’s Stimulus Package in response to the Coronavirus
Income support for individuals
  The new Coronavirus supplement
  Expanding access (and eligibility) to certain income support payments
  Tax-free payments of $750 to eligible recipients
  Early access to superannuation benefits
  Reducing the minimum drawdown amounts for superannuation pensions
  Reducing social security deeming rates
Cash flow assistance for businesses
 
Boosting cash flow for employers
  Wages subsidies for apprentices and trainees
  Increasing the instant write-off threshold for business assets
  Accelerating depreciation deductions for new assets


March 2020 Newsletter

Court confirms ATO's position on foreign income tax offsets
Employer's requirements and the deductibility of WREs
SMS scam targeting natural disaster victims
Further STP developments
Valuing car parking fringe benefits


January/February 2020 Newsletter

Lifestyle assets continue to be an ATO audit target
Disclosure of business tax debts – Declaration made
MYEFO Report – 2019/20
The ATO’s Bushfire crisis response


December 2019 Newsletter

PAYG and deductions for payments to workers
STP and superannuation guarantee
No CGT main residence exemption for non-residents
ATO November 2019 bushfire assisstance
SMSs for SMSFs!


November 2019 Newsletter

Super guarantee opt-out for high income earners now law
ATO recommends updating ABN details for disastrous reasons
Reporting asset disposals for CGT
Government passes other superannuation legislation
Super Lookup 'status' will change if SMSF annual returns are late
Taxpayer liable for excess transfer balance tax despite commutations


October 2019 Newsletter

$30,000 instant asset write-off
Federal Court provides clarification on the PSI rules
Deductions for a company or trust home-based business
ATO impersonation scam update
Using the cents per kilometre method
Measuring the integrity of the ABR

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