April 20, 2022
Are Your Contractors Really Employees?
Two landmark cases before the High Court highlight the problem of identifying whether a worker…
April 20, 2022
Immediate Deductions Extended
Temporary full expensing enables your business to fully expense the cost of: new depreciable assets…
April 20, 2022
The ATO’s Attack on Trusts and Trust Distributions
Late last month, the Australian Taxation Office (ATO) released a package of new guidance material that directly targets how trusts distribute income. Many family groups will pay higher taxes (now…
February 15, 2022
How to set up your Director ID
Directors are now required to register for a unique identification number that they will keep…
February 15, 2022
NSW Business Support
The NSW Government has announced a $1bn support package for struggling NSW small businesses. Acknowledging…
February 8, 2022
Year of the Tiger: Roaring or Bellowing?
The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out evil and one of momentum and change. The message; walk…
February 8, 2022
PCR and RAT tests to be tax deductible, FBT free
The Treasurer has announced that PCR and rapid antigen tests (RAT) will be tax deductible…
February 8, 2022
Cash injection for struggling businesses
Businesses struggling with the Omicron wave of the pandemic have been offered new grants and…
February 8, 2022
Professional Services Firm Profits Guidance Finalised
The Australian Taxation Office’s finalised position on the allocation of profits from professional firms starts…
February 8, 2022
Pandemic Leave Disaster Payments rules change
The rules for the Pandemic Leave Disaster Payment changed on 18 January 2022. Specifically, the…