Tax

Income tax cuts
Tax

Income tax cuts tipped to be brought forward, backdated

Legislated income tax cuts are tipped to be backdated and waved through Parliament once the government delivers its...
06 October 2020 • By Reporter

more from tax

PM flags R&D cuts walk-back
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
ATO
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
Victorian small business grants now income tax free
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
ATO
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
JobKeeper changes today
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
ATO deputy commissioner James O’Halloran
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
ASIC
Tax

ASIC extends temporary AFSL exemption for tax agents

Registered tax agents will continue to be able to provide advice to clients on the early release of superannuation...
24 September 2020 • By Jotham Lian