Tax

Tax

ATO set to issue early access to super tax arbitrage guidance

The Tax Office will soon be issuing guidance on the validity of a tax arbitrage scheme involving the government’s...

15 June 2020 • By Jotham Lian

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Tax

Consider 25-year loans amid Div 7A uncertainty, says law firm

Tax practitioners need to factor in incoming proposed changes to Division 7A during 2020 tax planning, including...

11 June 2020 • By Jotham Lian

Tax

JobKeeper public register ruled out as payments reach $13bn

A public register of JobKeeper recipients has been ruled out by the government and the Tax Office.

11 June 2020 • By Maja Garaca Djurdjevic

Tax

Car expenses rate rise confirmed

The increase in the cents per kilometre rate for calculating work-related motor vehicle expense deductions has now...

10 June 2020 • By Jotham Lian

Tax

A big thank you to all Accountants, Bookkeepers, Tax Agents and BAS Agents...

Promoted by Accountancy Insurance The Covid-19 pandemic has hit everyone hard but the accounting industry has been...

10 June 2020 • By Roman Kaczynski, Director – Accountancy Insurance

Tax

‘Cash is king’: Government suspends PAYG, GST indexation

Up to 2.2 million taxpayers are set to benefit as the government moves to suspend the indexation of PAYG and GST...

10 June 2020 • By Jotham Lian

Tax

Government won’t rule out early JobKeeper withdrawal

Finance Minister Mathias Cormann has refused to rule out other sectors being taken off JobKeeper early, following the...

10 June 2020 • By Jotham Lian

Tax

$150k instant asset write-off extended for 6 months

The $150,000 instant asset write-off has now been extended until the end of the year as the government looks to spur...

09 June 2020 • By Jotham Lian