Tax & Compliance
Tax Office unmoved on SG amnesty deadline The Tax Office has confirmed that it cannot change the deadline for the superannuation guarantee amnesty despite concerns that businesses will not be able to come forward...
Profession put on alert over ‘manufacturing’ cash-flow boost The profession has been warned against “manufacturing” wage entitlements to obtain the government’s cash-flow boost handout despite pressure from business clients.
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Ticking deadline on SG amnesty faces worst-case scenario The government has been urged to consider extending the superannuation guarantee amnesty as businesses move into “survival mode” to deal with the changing economic co...
ATO pressed to apply blanket lodgement deferrals The ATO has been asked to consider blanket lodgement deferrals and to hold off on debt collection to give the profession time to cater to their clients suffering from the...
Tax Office launches dedicated COVID-19 resource The Tax Office has now launched a dedicated coronavirus web page to guide the tax profession and their clients through the government’s $84 billion stimulus package. ...
‘Compulsory reading’: Coronavirus omnibus bill passes The new coronavirus omnibus bill has been flagged as “compulsory reading” for all accountants as their advice becomes crucial in helping clients access support measur...
Fresh $66bn package reveals bigger cash payments, access to super Larger cash payments to small businesses and temporary access to superannuation have now been revealed in the second tranche of the government’s economic support packag...
Victoria takes charge with payroll tax refunds, waivers Payroll tax paid up for the current financial year will now be refunded to Victorian small and medium businesses as the state government announces a $1.7 billion coronavi...
Popular deduction set for rate rise The cents per kilometre rate for calculating work-related motor vehicle expense deductions is set to rise after the ATO issued a draft determination. Write commen...
Tasmania reveals COVID-19 support package Tasmania will now waive payroll tax for a number of businesses and provide interest-free loans to its hardest-hit industries as it joins other states in responding to the...
