Tax

Tax

CGT exemptions set to apply to granny flat arrangements

Australian families looking to care for elderly parents through granny flat arrangements will now be granted a capital...

06 October 2020 • By Jotham Lian

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Tax

Tax concessions, FBT exemptions announced ahead of budget

Greater access to small business tax concessions, including exemptions from fringe benefits tax, has now been unveiled...

02 October 2020 • By Jotham Lian

Tax

PM flags R&D cuts walk-back

Prime Minister Scott Morrison has now hinted at changes to his government’s plan to cut the research and development...

02 October 2020 • By Jotham Lian

Tax

Temporary home office expenses shortcut extended again

The 80 cents per hour work-from-home deduction method has now been extended for a further three months to the end of...

30 September 2020 • By Jotham Lian

Tax

Victorian small business grants now income tax free

Victorian businesses receiving grants under the state’s $3 billion support package will now be exempt from paying...

29 September 2020 • By Jotham Lian

Tax

ATO embarks on next 5,000 private groups review

The Tax Office has now released a list of topics it will potentially cover in its assurance reviews of 5,000 privately...

29 September 2020 • By Reporter

Tax

JobKeeper changes today: What accountants need to do now

JobKeeper eligibility and rate changes come into play today, but employers will have additional time to assess their...

28 September 2020 • By Jotham Lian

Tax

ATO urges action ahead of Monday JobKeeper change

The ATO has urged businesses to get up to speed with the JobKeeper extension, with new eligibility rules and payment...

25 September 2020 • By Jotham Lian